You are allowed related sponsors as long as they are fair value......
So the only really issue is if City said it wasn't a related sponsor but now UEFA have evidence otherwise.
Confident we would now get a hell of a lot more then the £40m Etihad deal from outside investment so the Question is why would City continue with Etihad if it's coming out of the Sheikh pocket?
We have a settlement with UEFA on the fair value of the sponsorship from related parties, so that is categorically not the issue. They can't or wont pursue us retrospectively on that.
I'm waiting to see what information emerges as City have said the emails are out of context, but Sheikh Mansour providing funds directly to us and disguising it as sponsorship from another source is a big no no, not just in the football world.
If it transpires that we weren't receiving the values we stated from our sponsors, then I think we would be bang to rights. However, we have (and had) smart people working for us, so even if the money did ultimately come from Sheikh Mansour, I would expect a paper trail that evidences the money went through the sponsors legitimately first, rather than directly to us. We were audited at the time, so I would hope we have that bit covered as it is fucking basic, but that would be the only thing I would be concerned by.
If we were able to tick in the amounts coming into our account from an Etihad (or Aabar, Etisalat etc) bank account, then I don't see much happening from this investigation - but again, I'll wait and see what information emerges before jumping to conclusions that the world is out to get us.
The accusations levelled at us - albeit on the basis of the hacked emails, warranted an investigation, and if the shoe was on the other foot, I would want any other club investigated for the same thing. It is perfectly conceivable that the contents of the emails are legitimate, and yet there still have been no actual wrongdoing.
If we've done nothing wrong we have nothing to worry about, as our response today suggests.