Guardiola expects punishment if City broke financial rules

City could face UEFA and Premier League sanctions over alleged financial doping

City could face UEFA and Premier League sanctions over alleged financial doping

It's claimed the Premier League side, like Paris Saint-Germain in France, have inflated their earnings through investment from their owners in a way to get around Financial Fair Play rules.

This was followed up by further claims on Monday and Tuesday, including suggestions sponsorship deals with Abu Dhabi-based companies were topped up by discrete payments from City's owner Sheikh Mansour.

"Football Leaks" documents, showing the two clubs had inflated sponsorship revenues to meet the requirements, were obtained by the German publication Der Spiegel and reviewed by Reuters in partnership with European Investigative Collaborations, a consortium of worldwide media.

Mourinho was asked about his view of the allegations against City, and said he suspected wrongdoing at the club.

The cache, which spans much of the past 10 years, includes previously undisclosed details of UEFA's investigation of the two clubs' financial affairs and the settlement terms relating to the FFP rules of European soccer's ruling body.

Pep Guardiola has come out in defence of Manchester City's spending following revelations made in the latest round of Football Leaks reports.

Der Spiegel cites internal Man City correspondence to show the team's holding company, state-backed Abu Dhabi United Group, paid the shell firm to "buy" player image rights from the club.

Dortmund twice come from behind to beat Bayern
This is also just the second time that Dortmund have reached the 11-game mark unbeaten, and the first since 2002-03. Despite other goal scoring opportunities the scores remained 3-2 at the blast of the final whistle.

The reigning Premier League champions entertain rivals Manchester United at the Etihad Stadium on Sunday, having scored six times in each of their home games against Southampton and Shakhtar Donetsk over the past week.

Der Spiegel also claimed last week City were one of a number of clubs interested in such a proposal.

In a repeated statement they first issued last week, City said they would not comment on what they described as "out of context materials purportedly hacked or stolen from City Football Group and Manchester City personnel and associated people". This helped turn nearly 30 million euros ($34 million) into revenue instead of a cost, for the objective of UEFA's investigation of club accounts as the club tried to avoid being banned from European competitions for overspending. According to Der Spiegel, City avoided a possible suspension from the Champions League over the matter after exerting intense legal pressure on Uefa.

"About the business, about how they handled this kind of situation, I am completely out (of that)".

Der Spiegel also reports that City owner Sheikh Mansour provided monetary supplements to existing deals with sponsors in Abu Dhabi, where he is part of the royal family, to invest more money into the club.

Solari's first two matches have ended in league and cup wins, and the Argentine said: 'I am committed to my role, whether that be for two more days, or a week, just the same. "In the end we have to focus on what we have to do on the pitch".

Recommended News

  • UK's ex-Brexit Secretary pours cold water on May's deal

    UK's ex-Brexit Secretary pours cold water on May's deal

    The British government says it has no intention of reversing Brexit. The European elections will be the first of the post-Brexit era. There is now a Farage in every country'.
    Amitabh Bachchan, Aamir Khan-starrer expected to earn Rs 100 crore

    Amitabh Bachchan, Aamir Khan-starrer expected to earn Rs 100 crore

    On a related note, Big B will next be seen with Ranbir Kapoor and Alia Bhatt in Brahmastra . Helmed by Vijay Krishna Acharya, Thugs Of Hindostan is bankrolled by Aditya Chopra.
    China export growth surprisingly strong in Oct.

    China export growth surprisingly strong in Oct.

    China's overall trade - what it buys and sells with all countries including the U.S. - logged a $34 billion surplus for the month. The country's cumulative trade surplus with the U.S.in the first 10 months of the year was $258.15 billion, Reuters reported.
  • Trump

    Trump "insulted" by Macron's proposal for European army

    President Donald Trump attends a press conference at the White House in Washington D.C., the United States, on November 7, 2018. He then awkwardly patted the USA president on the knee, touching it several times as the two leaders posed for photographers.
    Australia to challenge China with their own Pacific infrastructure fund

    Australia to challenge China with their own Pacific infrastructure fund

    A new Pacific facility is to be established at the Australian Institute of Police Management to train Pacific police leaders. At a press conference with Wang in Beijing, Payne said "We did exchange views on that matter" without giving more detail.
    Sainsbury’s synergies from Argos deal helps boost profits

    Sainsbury’s synergies from Argos deal helps boost profits

    It opened a further 60 Argos stores in its supermarkets over the six months, bringing the total to 251. This meant comparable store sales rose 0.6 per cent overall in the half-year.
  • Nationals nixed Bryce Harper trade before deadline

    Nationals nixed Bryce Harper trade before deadline

    That's assuming Harper turns down the Nats' qualifying offer on Monday and then goes on to sign with another team. Ownership's refusal to allow him to be traded indicates that they'd prefer to have him around in the future.
    50-year-old woman arrested over Australia strawberry needle scare

    50-year-old woman arrested over Australia strawberry needle scare

    The crisis led to harsher penalties being rushed through federal parliament for those caught tampering with food. At the time, a disgruntled ex-employee was thought have sabotaged a strawberry farm on the Sunshine Coast.
    ‘Bachelor’ mansion burned in California’s Woolsey Fire

    ‘Bachelor’ mansion burned in California’s Woolsey Fire

    The 7,500 sq. ft. mansion has been the filming location for The Bachelor and The Bachelorette since 2007. It was evacuated on Friday, along with the rest of the area.
  • Bourke Street Attack: Help Get #TrolleyMan A New Phone

    One innocent life lost, two people in hospital and hundreds of bystanders subject to what police are calling a terrorist attack . The family worked hard to take him to the doctor to be diagnosed but he said no and wouldn't co-operate.
    Liverpool deny claims FSG inviting offers 'north of $2bn'

    Liverpool deny claims FSG inviting offers 'north of $2bn'

    Midhat Kidwai, the managing director of Sheik Khaled's conglomerate of companies, also met Liverpool chairman Tom Werner in NY . It is unclear if the cousin of Manchester City owner Sheik Mansour has cooled his interest after reportedly being rebuffed.
    Mourinho side-steps City's Financial Fair Play row

    Mourinho side-steps City's Financial Fair Play row

    The Red Devils came from 1-0 down to secure a 2-1 win at Juventus in the Champions League on Wednesday night to continue to build momentum under Mourinho.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.