Prestwich_Blue
Well-Known Member
Read the article right to the end. It says there’s no investigation and we appear to have little to fear currently. Which we haven’t.
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Football Leaks/Der Spiegel articles
- Thread starter BlueDejong
- Start date
Jazzman
Well-Known Member
I hope you are right. The campaign is unbelievable though.Read the article right to the end. It says there’s no investigation and we appear to have little to fear currently. Which we haven’t.
DenisLawBackHeel74
Well-Known Member
- Joined
- 20 Feb 2010
- Messages
- 11,504
Here is a copy of some of the article from the English Spiegel site:
>>>>>
Off the field, however, the club's leadership is under serious pressure. Due to rules violations, the club finds itself facing expulsion from the Champions League. Revelations made public at the end of last year by DER SPIEGEL exposed flagrant transgressions by Manchester City. The reports were based on internal documents from the club that were provided to DER SPIEGEL by the whistleblower platform Football Leaks.
The European football association now wants to take a closer look at Manchester City once again. At the same time, there are additional revelations that shed light on the questionable conduct of the club's directors. If UEFA is serious about following through on the strict course announced by its president, Aleksander eferin, it has no choice but to impose tough sanctions against the Premier League titan.
Just how angry some of the association's investigators are that Manchester City evidently deceived them years ago is shown by the reaction of Yves Leterme, the head of UEFA's Investigatory Chamber. A former Belgian prime minister, Leterme said it would be a serious problem if DER SPIEGEL's reporting was confirmed: "This can lead to the heaviest punishment -- exclusion from UEFA competitions," he said.
No Matter What the Cost
In 2014, Manchester City reached a settlement with UEFA to avoid such a penalty. UEFA had discovered violations to its Financial Fair Play (FFP) rules, which prevent club owners from investing unlimited sums of money in their organizations -- a club is not allowed to spend significantly more than it earns. Since Manchester was bought by Sheikh Mansour bin Zayed Al Nahyan, though, the club hasn't made much of an effort to keep its strategy a secret. It has been trying to buy its way to the top of the football world by spending exorbitant sums of money on infrastructure and players -- no matter what the cost.
UEFA investigators didn't believe the club's assertions that certain sponsors from Abu Dhabi had no connection to the sheikh. They suspected that those companies were also utilized as surreptitious investment vehicles to inflate the club's revenues.
The club's boss, Khaldoon Al-Mubarak, said at the time that the settlement felt like little more than a tiny pinch and added that the team would continue pursuing its strategy. Considering the gravity of the accusations facing it, Al-Mubarak's club had gotten off extremely lightly.
A Special Construct
The documents provided by Football Leaks made it clear just how brazen Manchester City was willing to be. Beginning in 2012, the team devised a special construct to systematically circumvent FFP rules, with team executives outsourcing costs to other companies, effectively hiding them from UEFA auditors. If they spent more during a season than intended, they had their sponsors from Abu Dhabi increase the fees they paid to the team and backdated the money transfers to the beginning of the season.
The club are likely just giving these cnuts enough rope to hang themselves.....I’ve no doubt at some point this particular zit will get popped and the rest of us will reminisce about a rag called del Spiegel ...or something
squirtyflower
Well-Known Member
So, fake news?Read the article right to the end. It says there’s no investigation and we appear to have little to fear currently. Which we haven’t.
citizen_maine
Well-Known Member
- Joined
- 29 May 2011
- Messages
- 14,213
Made up stories for years, and it never came to light. Within months of targeting us, their credibility is shot to fuck, and they're forced to sack journalists. Coincidence?
Brendan110_0
Well-Known Member
Not sure why some are flapping on here, UEFA had a warning from Manchester City in 2014. UEFA are being bullied by Manure/Red dippers/Bayern et al into doing "something to stop us" again, but this time we have jumped through all of their hoops.
squirtyflower
Well-Known Member
Nooooo, some people think they’re like the Times Insight teamMade up stories for years, and it never came to light. Within months of targeting us, their credibility is shot to fuck, and they're forced to sack journalists. Coincidence?
Prestwich_Blue
Well-Known Member
The emails they’ve accessed appear to be genuine but the spin they’ve put on them is ludicrous.So, fake news?
SilverFox2
Well-Known Member
Compared to some of the player targeting and biased reporting City have received from the UK press they may compare favourably.Nooooo, some people think they’re like the Times Insight team
squirtyflower
Well-Known Member
Comparing anything to the UK rag tops for unbiased news is a loser from the startCompared to some of the player targeting and biased reporting City have received from the UK press they may compare favourably.