Having just read PBs piece and then comparing against the article in the NYT which says:
Many of the allegations of financial impropriety and rule-breaking lodged against Manchester City came to light after they were reported by news media outlets with access to the so-called
Football Leaks files. The files are said to include emails and internal club documents showing efforts by City to circumvent UEFA’s financial fair-play regulations by masking cash infusions from a United Arab Emirates state-backed investment company through inflated sponsorship agreements with entities including the U.A.E.’s national airline, Etihad. Etihad is City’s principal sponsor, its name adorning the team’s stadium, its signage during matches and even the front of the players’ jerseys.
"Circumventing" as far as i'm aware isn't a breach of the rules more a "finding a way around them" which is surely common business practice.
From Colins' piece he makes clear that from the original judgement that the Etihad deal was accepted as "Fair Value" with a promise the Aabar and Etisalat deals remained at current levels (2014). So how can we now face allegations of inflating those deals? None of the NYT article makes any sense in this case or am I reading this wrong?