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.
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.
“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.”
PSG have also issued a statement, in which they insisted that every process within the club is completed with utmost transparency.
“[We have] always strictly complied with all applicable laws and regulations and firmly denies the allegations published today by Mediapart.”
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.”
