For those that care about being told the truth or at least a version that is comprehensible and doesnt include the phrase "broader community" here is my take on the real announcement the Club should have made on Monday night based on the leaks in the Guardian and Independent which do sound plausible. This was on another thread but I thought the club might see it quicker (!) with its own thread!!!
"Manchester City ("the Club") confirms that it has terminated discussions in respect of the transfer of Kaka from AC Milan. Following some weeks of discussion with AC Milan, the Club agreed a substantial fee with AC Milan, subject to due diligence and contract. As part of that due diligence process, the Club made requests to both the player's advisers and AC Milan to review Kaka's image rights and other intellectual property agreements that are material to the transfer of Kaka away from AC Milan. These documents are critical to finalising the personal terms of the players contract. Unfortunately, despite repeated requests, the Club was prevented from carrying out this review and, accordingly, was unable to finalise an offer of personal terms for the player. Contrary to media speculation, the Club believes that the signing of Kaka, in addition to adding one of the world's best players to its squad, would have been commercially viable. However, without being able to complete our due diligence, the Club was left with no option but to withdraw from negotiations. Garry Cook, Executive Chairman commented "We have got clear plans. This club deserves great players and the fans deserve great players".
"Manchester City ("the Club") confirms that it has terminated discussions in respect of the transfer of Kaka from AC Milan. Following some weeks of discussion with AC Milan, the Club agreed a substantial fee with AC Milan, subject to due diligence and contract. As part of that due diligence process, the Club made requests to both the player's advisers and AC Milan to review Kaka's image rights and other intellectual property agreements that are material to the transfer of Kaka away from AC Milan. These documents are critical to finalising the personal terms of the players contract. Unfortunately, despite repeated requests, the Club was prevented from carrying out this review and, accordingly, was unable to finalise an offer of personal terms for the player. Contrary to media speculation, the Club believes that the signing of Kaka, in addition to adding one of the world's best players to its squad, would have been commercially viable. However, without being able to complete our due diligence, the Club was left with no option but to withdraw from negotiations. Garry Cook, Executive Chairman commented "We have got clear plans. This club deserves great players and the fans deserve great players".