Man City's FFP case: explaining the 115 charges

beinsports-hk

Football finance experts break down what Manchester City have been accused of by the Premier League.

Transcript

00:00What Manchester City are being accused of is effectively corporate fraud over a nine-year period.

00:07They've been lying to the Premier League in relation to their finances.

00:17City have effectively been accused of three things by the Premier League.

00:21First of all, they've been artificially inflating the money coming into the club.

00:27So they've been claiming that they've received money from sponsors, but actually it was handouts from the owner.

00:34The second accusation is that City have been paying people off the grid.

00:41The most high-profile accusation is that Roberto Mancini was being paid around about £2 million a year by City

00:49and he was being paid a further £2 million by a football club in Abu Dhabi for four days' work a year.

00:56People say, well, why does that matter?

00:58Well, it's because under the cost control rules you're allowed to lose £105 million over three years.

01:05The third accusation against Manchester City is that they've not cooperated with the Premier League.

01:12That City's response to this is, well, hold on, all of these charges are coming through the fact that somebody's hacked our email system.

01:21Why would we cooperate with anybody who's trying to charge us on the basis of hacking our IT system?

01:28The sanctions range from financial penalties in terms of fines to sporting penalties in terms of deductions or relegation or stripping of titles.

01:38So all of those things are kind of within the arc of what the Premier League can do.

01:44The biggest question is whether they will do.

01:46We're looking at a cost for both parties in excess of £100 million in terms of legal and witness fees.

01:54That money's got to come out of somebody's pocket.

01:57You know, if City lose, it will have to come out of theirs.

02:00If City win, all the other clubs in the Premier League, they'll be on the hook for it.

02:05That money's got to come out of their own.

02:08That was a problem.

02:09That money isn't going to be a勝利改革 for your purpose.

02:10So all of those things are fine.

02:12That means you're not going to be a risk to achieve the problem.

02:14The people that you have have to deliver that's great, patience is going to be on the hook.

02:17That means you're going to be a threat to the game.

02:19That means you're not going to be a threat to the game today.

02:21That means you're going to be a threat to the game.

02:23That means you're going to be faster.

02:25That means that you're going to be running.

02:26That means you're going to be the best.

02:27Getting the

Category

Transcript

Recommended