M18CTID
Well-Known Member
Disguised owner funding and over-inflated sponsorships are the same thing in this case. They're saying that we inflated the value of the Etihad deal by 57m because Etihad only paid 8m and Mansour secretly paid the rest.
No, I don’t see it that way. UEFA accepted the figure that Etihad were contracted to pay us, so it’s not inflated regardless of where the money to fund it came from. If the bulk of it was funded by our owner, then we have a big problem for sure but that doesn’t make it over-inflated if UEFA have already accepted the value of that deal. In any case, it was well documented that Etihad were experiencing financial difficulties around that time so it stands to reason that they probably got a bail out to meet their obligations, one of which is their sponsorship of City. Like I say, if ADUG funded the shortfall then it’s a major issue for us but good luck UEFA trying to prove that it definitely came from ADUG and they’d need far more than a hacked e-mail as proof. More than likely state-owned Etihad were bailed out by the state which isn’t an issue.