Sorry but I think part of your thinking is not correct.
1) UEFA may well have accepted the sum paid for image rights but UEFA, as far as I am aware, don’t set the rules on what is or isn’t in players contracts so would not have jurisdiction to rule on the method of payments.
FIFA sets the broad ground rules but each association then in conjunction with the relevant tax authorities will state what is and what isn’t acceptable
2) In relation to the Mancini’s second contract it may well have been minimal in terms of turnover but that isn’t the point .
3) I keep going back to the CAS ruling they didn’t rule on many of the issues some as we know were time barred, others were dismissed “ if that’s the word” because UEFA didn’t cover all the bases.
You might be right as we're all guessing but I'm happy to explain my thinking.
1) We simply don't know as yet whether or not UEFA does or did have full jurisdiction over contractual payments, such as image rights, to players. But if, as reported, UEFA did tell City that the Fordham arrangement wasn't acceptable in 2015, and we carried it on for a few more years, there's a couple of possibilities. The first is we did it in defiance of UEFA's wishes, as we were advised that they didn't have jurisdiction and image rights payments was nothing to do with them. The other was that we carried on with paying them from Fordham but reported them to UEFA as part of player remuneration.
Given the charges regarding those payments only go up to 2015/16, I'd suggest that whatever happened after that was acceptable. Hence why I believe we reported them as part of our FFP reporting perimeter.
2) With regard to Mancini's contract, you're right but I've never said that the size of it would determine our guilt. My point had been that it wouldn't lead to a harsh punishment if we were found to have breached PL rules.
3) I'm guessing that UEFA thought its strongest case was the sponsorships. Clearly (and as me and others said) it was always a weak case, which CAS agreed with. My guess is that the PL is going after things that UEFA deemed weaker, or that they felt they had little chance of bringing home. That, to me, tells its own story. The time-barred stuff, as I've said before, is a red herring. One way or another, it's all been covered.