Manchester City-FFP leaked documents: According to a leaked document, Manchester City and PSG have escaped serious penalties.
In a shocking revelation made by Football Leaks, it has been alleged that Manchester City and Paris Saint Germain violated the FFP regulations, and escaped serious penalties by bribing the UEFA officials.
According to the investigation made through “more than 70 million documents” over 8 months by 80 journalists, it has been concluded that UEFA “knowingly helped the clubs to cover up their own irregularities for ‘political reasons’,” under the leadership of Michel Platini and Gianni Infantino.
Football Leaks claim that the owners have injected approximately 4.5 billion euros over the last seven years to increase the budget of the club.
Manchester City’s owners have allegedly injected 2.7 billion euros out of the figure through its shareholders and overvalued sponsorship contracts.
French investigative website Mediapart, meanwhile, claims that Gianni Infantino, who was UEFA’s general secretary at the time, “directly negotiated an agreement with Manchester City,” bypassing the Financial Control Panel of the European football’s governing body.
Breaking | Football Leaks headline: Manchester City avoided harsh FFP sanctions thanks in part to Nicolas Sarkozy. More follows.
— Get French Football News (@GFFN) November 2, 2018
Football Leaks have also stated that Manchester City hid 30.74 million pounds in cost from UEFA investigators and threatened to engage ’50 best lawyers in the world’ to sue the organization for ‘the next 10 years’, as part of a bitter feud over their failure to comply with Financial Fair Play regulations.
Manchester City, meanwhile, have issued a statement reaction to the allegations.
Breaking | Football Leaks headline: Manchester City’s owners allegedly injected €2.7bn into the club over the last 7 years through its shareholders & over-valued sponsorship contracts which infringe FFP regulations.
— Get French Football News (@GFFN) November 2, 2018
“We will not be providing any comment on out of context materials purportedly hacked or stolen from City Football Group and Man City personnel and associated people. The attempt to damage the club’s reputation is organised and clear.”
Football Leaks claim that a Manchester City executive sent an email following the death of an FFP investigator as follows: “One has fallen, there are six to go.” https://t.co/3H6pQJljBo
— Get French Football News (@GFFN) November 2, 2018
PSG have also issued a statement, in which they insisted that every process within the club is completed with utmost transparency.
Football Leaks Headline: In 2014, the UEFA Council asked Manchester City to come up with their own punishment that they would be happy with taking after they infringed upon FFP regulations following a €233m loss made between 2011 and 2013, according to Mediapart. More follows.
— Get French Football News (@GFFN) November 2, 2018
“[We have] always strictly complied with all applicable laws and regulations and firmly denies the allegations published today by Mediapart.”
Football Leaks headline: Nicolas Sarkozy told Emir of Qatar Tamim Al-Thani in a meeting in 2010 that if he bought PSG & launched a sports channel in France (BeIN Sports), that he would instruct Michel Platini to award Qatar the 2022 World Cup.
— Get French Football News (@GFFN) November 2, 2018
The club’s delegate director general Jean-Claude Blanc told AFP, “there was no secret agreement with UEFA, everything was done with the most complete transparency.”