Monday, November 12

Premier League

Manchester City

Manchester City 'manipulated contracts to avoid FFP punishments'

By , Assistant Editor | 6d
Manchester City are alleged to have manipulated contracts with their sponsors in order to avoid falling foul of UEFA Financial Fair Play regulations.

Premier League champions Manchester City have been accused of manipulating contracts in order to circumvent UEFA's Financial Fair Play (FFP) regulations.

German outlet Der Spiegel claims that it has seen internal documents which suggest that City and their sponsors altered contracts in order to cover up a £9.9m shortfall in 2013.

The shortfall is understood to relate to the sacking of Roberto Mancini that year, with the report claiming that Etihad, Aabar and the Abu Dhabi tourism authority all paid more than had been agreed in order to wipe out the £9.9m sum.

An email from City's chief financial officer Jorge Chumillas allegedly read: "We will have a shortfall of £9.9m in order to comply with Uefa FFP this season. The deficit is due to RM termination. I think that the only solution left would be an additional amount of AD sponsorship revenues that covers this gap."

The report goes on to claim that City owner Sheikh Mansour provided £12m of supplements to existing deals with sponsors in Abu Dhabi as a way to invest more money into the club.

"As we discussed, the annual direct obligation for Aabar is £3million. The remaining £12m will come from alternative sources provided by His Highness," read an email by club executive Simon Pearce in April 2010.

City were found guilty of breaching the FFP rules in 2014 and came to a £49m settlement with UEFA, £32m of which was suspended, while their 2014-15 Champions League squad was also reduced.

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Premier League Table
TeamPWDLFAGDPTS
1Manchester CityMan City1210203653132
2Liverpool129302351830
3Chelsea128402781928
4Tottenham HotspurSpurs1290320101027
5Arsenal1273226151124
6Bournemouth126242116520
7Watford126241714320
8Manchester UnitedMan Utd126242021-120
9Everton125431915419
10Leicester CityLeicester125251716117
11Wolverhampton WanderersWolves124441213-116
12Brighton & Hove AlbionBrighton124261318-514
13West Ham UnitedWest Ham123361418-412
14Newcastle UnitedNewcastle12237915-69
15Burnley122371225-139
16Crystal Palace12228817-98
17Southampton12156821-138
18Cardiff CityCardiff122281125-148
19Huddersfield TownHuddersfield12147622-167
20Fulham121291131-205
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Select and display your favourite team's news and scores in this panel
Premier League Table
TeamPWDLFAGDPTS
1Manchester CityMan City1210203653132
2Liverpool129302351830
3Chelsea128402781928
4Tottenham HotspurSpurs1290320101027
5Arsenal1273226151124
6Bournemouth126242116520
7Watford126241714320
8Manchester UnitedMan Utd126242021-120
9Everton125431915419
10Leicester CityLeicester125251716117
11Wolverhampton WanderersWolves124441213-116
12Brighton & Hove AlbionBrighton124261318-514
13West Ham UnitedWest Ham123361418-412
14Newcastle UnitedNewcastle12237915-69
15Burnley122371225-139
16Crystal Palace12228817-98
17Southampton12156821-138
18Cardiff CityCardiff122281125-148
19Huddersfield TownHuddersfield12147622-167
20Fulham121291131-205
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