Prestwich_Blue
Well-Known Member
I suspect the issue is whether the Al Jazira contract was 'disguised remuneration' from City, and should have been reported as such. PL will have to comfortably prove it was, but the fact City may have paid Al Jazira is probably not desperately relevant.If City paid him, and it should have been reported but wasn’t, then that’s not good.
As for “boffins,” I appreciate their legal experience, but I prefer to make up my own mind on my feelings on all issues.
We already know that ADUG initially paid the Etisalat sponsorship, but it was made clear at CAS that this was (effectively) a loan, was recorded as such and Etisalat repaid that sometime later.
The Al Jazira contract certainly wasn't to get round FFP as (a) FFP wasn't in place when it was first signed and (b) our losses were so huge during the period of Mancini's tenure that the £1.75m was completely immaterial.
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