Fallingoutoflove
Member
- Joined
- 16 Mar 2019
- Messages
- 5
- Team supported
- Manchester City
"...The investigation will focus on several alleged violations of FFP that were recently made public in various media outlets" (UEFA statement 7 March 2019) was all the information given about the scope of the investigation, but it does say "several" violations and it does specify that that these charges arise out of media reports, almost certainly Der Spiegel. Stefan Borson argues that UEFA cannot reopen a case where the time limit has expired and I pray that he is right. The only thing that worries me is Chumillas's email. Conn's details of Khaldoon's membership of the executive council is not a cause for concern because he is not part of the ownership structure at City? And a "US aviation industry document" is nothing like authoritative enough on its own to call into question City's or Etihad's accounts. But can the Chumillas email be used as evidence that City misled the original investigation and that the investigation can be reopened? Would this amount to City "overstating sponsorship revenue" both in our accounts and the break even information even if the information in Chumillas's email could be proven to be accurate? Would the fact that the scope document appears to have been passed on to City only after the referral decision make any difference apart from suggesting a very flawed process?
The US Aviation report was claiming Etihad was receiving subsidies. Etihad claimed it was a loan.
Could go someway to why the club are claiming out of context emails. If Etihad had to borrow the money then the Executive Council paid the borrowed money directly to the club rather than channel it through Etihad first.