A German Newspaper, De Speigel" was given stolen/hacked emails from Manchester City (and lots of other clubs) The hacker is under arrest in Portugal facing charges for extortion
City have always said they will not comment on out of context materials purported to have been hacked or stolen from City Football Group
Der Speigel released some details from these emails, which suggested that our owner gave Etihad the money to sponsor us
Now although this technically isn't against UEFA FFP regulations, it is claimed by Der Speigel that these hacked e mails prove that City failed to declare this to UEFA, so have broken FFP regulations
This payment goes back to 2014 and if UEFA were to charge us they had a certain time limit
UEFA asked City for information and we submitted documentation, however UEFA, knowing they were short on time, found us at fault,(If I remember correctly on the final day they could) and passed this up their ladder (This is the "IC" investigatory chamber, passing it to the "AC" Adjudicatory Chamber, the AC looks at all the information, decides if the club is guilty and if so hands out punishment)
When this was done City released a statement saying the were disappointed but unsurprised by this action and also said we were totally innocent and that the IC hadn't followed their own procedures correctly. This is why we appealed to "CAS" Court of Arbitration for Sport, to have the investigation declared nul and void
Yesterday CAS said as the UEFA process hadn't been completed, they couldn't rule on the case
So if the AC finds us guilty we can go back to CAS again, but the reports from the media yesterday are suggesting we will not get a CL ban and maybe not even get a fine
