Friday, May 20, 2022

Manchester City breached financial fair play rules via help from UAE

- Advertisement -

Manchester City could be in for trouble following the reveal of their email conversation which shows that they overstated their shirt sponsorship deal value in 2011 to meet with the Financial Fair Play Rules in place. 

The Sky Blues were recently banned from the Champions League, and had the decision overturned by the Court of Arbitration for Sport. According to the reveal published by Daily Mail, the club deliberately made the state owned clubs sponsor the club’s shirt which allowed money to be pumped in massive amounts. 

The shirt sponsorship deal with Etihad was speculated to be around £12 million. However, the real value of the deal that was struck is a third of the value, at £4 million. This revelation has again brought to light the main point of scrutiny for Manchester City and their reliance on financial strength to become a superpower in England. And things will only deteriorate now that it has been revealed that they worked around the rules. 

1280x720-9

During the last 10 years, it has been found that Manchester City earned £600 million more than their rivals in the big six. The spike in revenue is primarily due to their sponsors in the Middle East. Manchester City could be facing strict action from UEFA, as well as the Premier League should they choose to further investigate the matter. 

Chelsea most recently served a transfer ban, and City could be headed down the same route. 

- Advertisement -
spot_img
Arsh Das
Arsh Das
A music enthusiast, also passionate about football and bringing you the latest in the sporting world every day.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles

More To Consider

Stay Connected

13,642FansLike
62FollowersFollow
152FollowersFollow
Boat Lifestyle [CPS] IN

Hot Topics

spot_img

Latest Articles

Trending

Featured

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add technosports.co.in to your ad blocking whitelist or disable your adblocking software.

×