He knows, as many others do, that writing negative stories about city gets you more clicks which equals more money. He fancies himself as a bit of a financial guru and probably sounds like it to all sun/mirror/mail readers etc. So he can write stories with a 'gotcha theme' so all the idiots can lap it up, giving him more clicks, more money.Yet his August 2011 article pretty much advocates City being permitted to increase the value of the deal over the coming years if we're able to delivery sustained success, which we undeniably have.
I reckon he knows deep down what the real story is, I'm not having he is a thicko, he is just desperate for money and by the looks of things recently, attention.