loader
photo

Man City: Der Spiegel alleges three year Premier League investigation

An examination into possible rule infringement at Manchester City is concentrated on unlawful disbursement for minor players, puffed up advocacy deals and concealed emoluments made to an erstwhile  manager, German newspaper Der Spiegel 

profess.

The Premier League has been inspecting  the club for three years, the publication says.

But Der Spiegel has now printed specifics from its sole inquisition carried out in collaboration  with the European Investigative Collaborations (EIC) journalism network.

It givea information abouts the three areas it asserts form the centre of attention  of the Premier League's enquiries.

The Premier League and Manchester City refused  to answer back when confronted by BBC Sport.

However, it is acknowledged that City believe the brand new details are a continuation of previous allegations in relation to Financial Fair Play regulations, which they feel are structured to flaw the club. It is considered  the club is concerned about the open-ended  process with the Premier League by not talking about it.

Uefa launches 70% squad cost rule as part of new financial regulations

Findings from Der Spiegel, the Premier League champions purportedly compelled underage players "to sign contracts with Manchester City through monetary payments, in violation of the rules".

Club financiers  in Abu Dhabi are professed to have "provided only a portion of their payments to the club themselves", with the outstanding purportedly  completed by club owner Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi ruling family.

City are indicted of paying a "significant portion" of former manager Roberto Mancini's compensation "by way of a fictitious consultancy contract".

While in 2020, City had a two-year prohibition from European club competitions revoked by the Court of Arbitration for Sport after Uefa had regulated  they had committed "serious breaches" of Financial Fair Play (FFP) regulations between 2012 and 2016.

The Court of Arbitration for Sport said City had  displayed a "blatant disregard" to Uefa's examination into potential FFP breaches, even though it found "no conclusive evidence that they disguised funding from their owner as sponsorship".

Uefa commenced its probe  into City after Der Spiegel printed blurted documents in November 2018  asserting the club had exaggerated  the value of a sponsorship deal, deceiving  European football's governing body.

Leave a Reply