blueyorkie
Well-Known Member
No, they found us guilty of failing FFP and fined us accordingly. However, the issue now is that they made that original decision based on the assumption that Etihad, Aabar et al, were “legitimate” (for want of a better word) sponsors fronting up their own money, when in fact about 4/5ths of that sponsorship money was being covered by His Highness. The argument is that had they had been aware of this, they would have hit us with a different (and presumably more draconian) punishment.
This ends one way now. I have no doubt that the intention is to ban us - and for a lot longer than a year - but the decision to make that move rests on whether they then think they have the law on their side when it comes to FFP, because City would unquestionably then challenge its legality and make a suitably eye watering claim for damages. Ball’s in their court (no pun intended). I just hope that we have been as devious as they have in terms of “obtaining” incriminating evidence.....
Etihad have published their accounts which I understand shows the payment for sponsorship to us, they would have some difficulty in arguing that one. Furthermore UEFA used the top name accountants to peruse our figures when considering sanctions in 2014 it would be difficult to imagine that the Accountants wouldn't have covered themselves when reporting