Leaked emails reveal how Manchester City’s shareholders deceived Premier League with their fund transfers
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Manchester City boss Pep Guardiola. Image via Guardiola's instagram page.
Emails were reportedly leaked against Manchester City, in which the Premier League title holders were receiving payments from the state of Abu Dhabi. The emails show that Manchester City officials requested payments to be made to the club, through third-party sponsorships. The club reportedly requested £42m in total from shareholders. The City officials mentioned the specific names for the sponsorship routes in order to clear the audit checks.
Manchester City officials reportedly asked for the payments to be transferred in the first week of January. This has revealed the possibility that City might have breached financial rules to receive the funding for several young players. There is an ongoing investigation against the Club, Der Spiegel reported. Manchester City could potentially be relegated from the Premier League if the investigations do not go in their favor as they currently face accusations of misleading information and several financial breaches.
Premier League released a detailed statement of City’s potential breaches in the financial rules from 2009-2018. This was City’s first nine years under the Abu Dhabi ownership. It was also City’s most successful time period since they were established 143 years ago. Manchester City faces a large fine if the accusations are proven right. The club also can also face points deduction or even relegation from the Premier League.
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Fans react to Manchester City’s leaked incriminating emails
Manchester City is knee-deep in trouble after their emails were leaked, where the Manchester City officials asked for funds from Abu Dhabi. Fans from all over the world shared their shock and surprise and took to social media to share their responses. Fans stormed the tweet in which the emails were shared, as surprised fans asked for City to be banned from the league.
Other fans demanded that the club had been ‘cheating’ and that the owner should face serious charges. “Don’t punish the club, punish the owner and not with a fine which is like loose change to them. Ban the owner from owning a sports team and force him to sell,” a fan tweeted. Others claimed that City’s time in the premier league is over, “City are going down btw”.
Manchester City will be looking to escape these charges and a formal statement is expected to be published by the club. However sources close to the club have claimed that the reports are part of an ”orchestrated campaign.” The sources also said that it was “an endless attempt,” to damage the club’s image.
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Anshul Singh
(239 Articles Published)