Incriminating or not, hopefully CFG have learned that you NEVER send "For your ears & eyes only" communications through wires, or over the air. There isn't a system I've encountered which can't be gotten through if there's a will.
That being said, the "Ha ha! We gotcha red handed" or the "You've taken it all out of context" are both moot points. City didn't want to be the ones to bring down UEFA/G14 over this, but because we are where we are, we've fuck all to lose in doing so now.
What UEFA are doing with FFP is against EU competition law, plain & simple. We need to stop fucking around, & shine the flashlight on the stinking elephant in the room.
In no other walk of business is a minted owner not allowed to invest his own legal funds into his enterprise. Even worse, with FFP, a skint owner can borrow £750m, or whatever he likes, as long as a high street banking institution is willing to loan the money, & the club in question can afford the capital & interest repayments.
UEFA/G14 have taken our gloves off for us, & as far as I'm concerned, we've got fuck all to lose by going nuclear & reducing the whole scam to rubble.
THAT should be our main defence. "Here you go CAS. There's all of your 'Out of context' bollox." And then "Here you go Swiss Courts. We believe we've uncovered anti competition practices by UEFA/G14, which contravenes your EU Constitution".
Sometimes, the polite corporate way doesn't produce the desired results, & you have to get all street on your enemies. If I've ever seen a situation where this is the case, it's right here, & right now with FFP!