Exeter Blue I am here
Well-Known Member
The money will have been paid in full by Etihad, where the source of the funds originally came from is not something that would be in our accounts.
It seems likely money was paid to Etihad to subsidise a large part of that contract.
Does that break FFP? in spirit i would say yes it does but will a court find it breaks the FFP rules is a bit of a grey area.
I know it’s probably been explained to me already and I lack the financial savvy to understand it, but this just seems to be at the heart of everything to me, and everything else about City having bona fide accounts, etc, etc, is just flim flam.
Did Sheikh Mansour directly fund Etihad out of his own pocket with a view to Etihad then returning that money to City’s coffers as sponsorship? And if so, would that action constitute a breach of FFP under the broad church of owner investment? Somebody help me please.....!