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  • 2 weeks later...

Club Statement 

Manchester City welcomes the opening of a formal UEFA investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails. The accusation of financial irregularities are entirely false. The Club’s published accounts are full and complete and a matter of legal and regulatory record. https://www.mancity.com/news/club-news/club-news/2019/march/man-city-club-statement-uefa

 

#Jog-on-UEFA

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3 hours ago, Happy Blue said:

Club Statement 

Manchester City welcomes the opening of a formal UEFA investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails. The accusation of financial irregularities are entirely false. The Club’s published accounts are full and complete and a matter of legal and regulatory record. https://www.mancity.com/news/club-news/club-news/2019/march/man-city-club-statement-uefa

 

#Jog-on-UEFA

Don't think anybody is surprised by the accusations, the opinion of other team's supportors has always been that City "cooked the books" when it came to its sponsorship deals.  That much of their sponsorships were disguised to hide direct investment from Shiekh Mansour.

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13 hours ago, Redcanuck said:

Don't think anybody is surprised by the accusations, the opinion of other team's supportors has always been that City "cooked the books" when it came to its sponsorship deals.  That much of their sponsorships were disguised to hide direct investment from Shiekh Mansour.

Even if that's true, they can't prove it

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13 minutes ago, Happy Blue said:

Yes, on the hackers part

Manchester City haven't denied they are theirs in full, which is pretty damning.

I wouldn't worry, nothing will happen but there's no doubt Manchester City's success is even more invalid than it ever was. For what it's worth, I don't blame you, the cartel at the top have forced this situation upon football with their greedy attempts to shut off success for the rest.

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13 minutes ago, Cicero said:

Could of been 

Investigations would obviously mean finding out the veracity of the emails. 

 

4 minutes ago, The Artful Dodger said:

Manchester City haven't denied they are theirs in full, which is pretty damning.

I wouldn't worry, nothing will happen but there's no doubt Manchester City's success is even more invalid than it ever was. For what it's worth, I don't blame you, the cartel at the top have forced this situation upon football with their greedy attempts to shut off success for the rest.

 

Let's see how it plays out but for me, they wont be able to prove anything even if it's true

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Worst-case scenario?

An asterisk against City name for all achievements since the club was taken over by Shiekh Mansour.

Line was once used against my club and yes, would need alot more asterisks! But as Happy Blue points out, what you cant prove is about as much use as a Fart in a Spacesuit worn by the accusers.

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Stories now that the American owned clubs in the Premier have asked the Premier League to join Uefa's financial investigation into City.

I read in the Mail that Palace was one of the teams pushing for the investigation.  Their owners Josh Harris and David Blitzer  – who own the New Jersey Devils in the NHL and Philadelphia 76ers in the NBA – invested in English football on the understanding that it would be as heavily regulated as the major sports in the US.

Where would Palace owners get the idea that English football was going to be as heavily regulated as US sports?

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14 minutes ago, Redcanuck said:

Stories now that the American owned clubs in the Premier have asked the Premier League to join Uefa's financial investigation into City.

I read in the Mail that Palace was one of the teams pushing for the investigation.  Their owners Josh Harris and David Blitzer  – who own the New Jersey Devils in the NHL and Philadelphia 76ers in the NBA – invested in English football on the understanding that it would be as heavily regulated as the major sports in the US.

Where would Palace owners get the idea that English football was going to be as heavily regulated as US sports?

Manchester City welcome any investigation

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  • Administrator

New deal for Bernardo Silva. Been one of my favourite players to watch this season.

https://www.bbc.co.uk/sport/football/47561651

Quote

 

Manchester City midfielder Bernardo Silva has agreed a new three-year contract extension with the Premier League champions.

The deal means Silva is now committed to City until 2025 after joining from Monaco in a £43m deal two years ago.

The Portuguese 24-year-old has scored five goals and picked up six assists in the Premier League this season.

He joins teammates Raheem Sterling, Aymeric Laporte and Phil Foden in committing to City long term.

Silva's ninth goal of the season in all competitions came in City's 7-0 demolition of Schalke in the Champions League last 16 on Tuesday evening.

He has made 29 appearances in the league already this season, proving to be one of Pep Guardiola's key men as Manchester City chase back-to-back Premier League titles.

 

 

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1622841479_DONTDELETE.thumb.png.8fd3ae7f06f580c28a2ba8dc6f8d40e1.png

Man City overtake Man United as Premier League’s most valuable club

Kieran Maguire is a football finance expert in the University of Liverpool Management School‘s Centre for Sports Business

The value of Premier League clubs decreased by 1.6% overall to £14.7 billion, with the ‘Big Six’ (Manchester United and City, Liverpool, Arsenal, Chelsea and Spurs) making up £10.9 billion (74%) of this total (2017: £9.9 billion 67%).

Manchester City overtook local rivals Manchester United at the most valuable club in the division as higher wages and lower profits had a negative impact at Old Trafford.

The gap between the bottom club in the ‘Big Six’ and the next highest valuation is now nearly £1 billion.

The only major deal in the Premier League during 2017/18 was in relation to Stan Kroenke acquiring the remaining 30% of the shares in Arsenal that he didn’t already possess for £550 million, which valued the club as £1.83 billion. In our 2017 club valuation report we estimated Arsenal to be worth £1.82 billion.

Within the table there have been some significant changes compared to the previous season, with Liverpool, Chelsea and Spurs showing major increases, and Arsenal and Leicester showing large falls due to non-participation in the Champions League.

There were also smaller falls in the value of some mid-tier clubs due to weaker cost control in a season where revenue in the Premier League increased by £253 million wages rose by £356 million.

Valuation Table

KieranPremValues-1.jpg

https://news.liverpool.ac.uk/2019/05/03/man-city-overtake-man-united-as-premier-leagues-most-valuable-club/

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1252609594_DONTDELETE.thumb.png.20e81cde78aafe00f2d4f97cbffd1ca2.png

Man City referred to Uefa financial body

Manchester City say they are "disappointed, but regrettably not surprised" after being referred to Uefa's financial control body adjudicatory chamber.

BBC Sport reported this week that Uefa investigators want City to be banned from the Champions League for a season if they are found guilty of breaking Financial Fair Play (FFP) rules.

Chief investigator Yves Leterme has made his recommendation but it is not known if he supports a ban.

City said, "the accusation of financial irregularities remains entirely false".

Former Belgian prime minister Leterme, chairman of the investigatory panel of Uefa's independent financial control board (CFCB IC), his team looked at evidence first uncovered in a series of leaks published by German newspaper Der Spiegel last year.

The reports alleged that City broke FFP regulations by inflating the value of a multimillion-pound sponsorship deal. City were fined £49m in 2014 for a previous breach of regulations.

It understood Leterme's fellow board members firmly expressed the view at a recent meeting that a season-long ban would be a suitable punishment if City are found guilty.

Uefa said Leterme, "after having consulted with the other members of the independent investigatory chamber", decided "to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation".

European football's governing body said it "will not be making any further comment on the matter until a decision is announced by the CFCB adjudicatory chamber".

City, who won the Premier League for a second year in succession last Sunday, have denied any wrongdoing.

"The leaks to media over the last week are indicative of the process that has been overseen by Mr Leterme," read a City statement.

"Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body.

"The CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the chamber.

"The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City FC as part of what the club has found to be a wholly unsatisfactory, curtailed, and hostile process."

It is unlikely any punishment for City will apply to next season's Champions League because they could appeal, and even take their case to the Court of Arbitration for Sport.

City could also soon face a transfer ban, with the Football Association, Premier League and Fifa investigating the club over the signing of youth players.

https://www.bbc.co.uk/sport/football/48292248

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12 minutes ago, Mel81x said:

Am I reading things wrong? Has Guardiola agreed to leave Manchester City for Juventus?

https://www.express.co.uk/sport/football/1130337/Pep-Guardiola-Man-City-exit-Juventus-announcement-date-Premier-League

https://en.as.com/en/2019/05/22/football/1558507405_914760.html

https://www.calciomercato.com/en/news/watch-douglas-costa-adds-fuel-to-juventus-guardiola-rumours-with-69795

And Pep did this last weekend? WTF?

 

 

Edited by Cicero
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2 minutes ago, Cicero said:

I can only imagine he got tired after three seasons of no success even after building one of England's best teams in the Prem. Still, of all the places to go he chose Juventus when there is an open seat literally calling his name back at Barcelona where he could certainly take them to CL glory? Bit odd this appointment if you ask me.

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