Exactly, having gone back and watched and read the evidence you are right. The money has come from AD revenues so while not directly funded by SM he and his assets (ADUG) have been benefactors of this and have used it to their advantage. They have breached FFP on a technicality. What City are appealing here is that UEFA would not listen to any evidence and had reached a punishment before the investigation began. If they are successful in this appeal they will have their sanction reduced but not removed. They are guilty on a technicality whether we like it or not and have made a huge error of judgment and have deliberately played UEFA's system. FFP is unfair as it ensures that world football is dominated by certain clubs.
Their own ignorance and contempt in which they hold UEFA has put us in a right mess. I just can't believe that our owners have been so stupid as to have these type of conversations by unencrypted email that could easily be hacked. Unbelievable.