Premier League investigates Man City over FFP allegations

[rooster59]

Premier League investigates Man City over FFP allegations

 

Soccer Football - Premier League - AFC Bournemouth v Manchester City - Vitality Stadium, Bournemouth, Britain - March 2, 2019 Manchester City's Oleksandr Zinchenko celebrates with manager Pep Guardiola after the match REUTERS/Dylan Martinez

 

(Reuters) - The Premier League said on Friday it had opened an investigation into alleged Financial Fair Play (FFP) breaches by champions Manchester City after UEFA had begun its own probe into the allegations.

 

European soccer's governing body opened a formal investigation into the alleged FFP violations on Thursday, a move City welcomed in a bid to end speculation surrounding the club's sponsorship agreements.

 

The FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners.

 

"The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club," the Premier League said in a statement.

 

"The league has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership.

 

"We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them."

 

Manager Pep Guardiola was asked on Friday whether he was concerned his achievements at City would be tainted by the allegations, but he told reporters: "No, absolutely not.

 

"The club made a statement, so I can't add more than that. The club are open, hopefully it can finish as soon as possible.

 

"I trust a lot what the club has done, because I know them and hopefully they can solve it as soon as possible."

 

German publication Der Spiegel reported in November that City's Abu Dhabi owners inflated sponsorship agreements in order to comply with FFP requirements.

 

City's statement on Thursday said accusations of financial irregularities were entirely false.

 

City host eighth-placed Watford on Saturday and Guardiola hailed their manager Javi Gracia, who looks set to lead them to their best-ever finish in the Premier League.

 

"It's incredible what he's done, one of the toughest games we had," Guardiola, who was voted February's Premier League manager of the month, said.

 

"In the last nine games, they have physicality, quality one-on-one, strong in the air, well organised... what he's done has been incredible."

 

-- © Copyright Reuters 2019-03-09

[natway09]

About bloody time

[champers]

He makes Watford sound like world beaters. Former home of Jaidon Sancho, till City lured him away. No money changed hands you understand, nudge nudge, wink wink.????????

Edited March 9, 2019 by champers

[mrbojangles]

1 hour ago, natway09 said:

About bloody time

Yep. And then it can be put to bed one way or the other

[3 minus 2]

48 minutes ago, mrbojangles said:

Yep. And then it can be put to bed one way or the other

There was an interview with the german  d spegial reporter on either  the guardian or  5 live recent podcast i known  your gonna say 'he would' but what he said  made it sound bad.. they discovered that apparently you with held info on a south american  fund set up that helped pay for transfers.. google it.. be interesting to hear what you think  tbh made your mob sound double devious..

[mrbojangles]

39 minutes ago, 3 minus 2 said:

There was an interview with the german  d spegial reporter on either  the guardian or  5 live recent podcast i known  your gonna say 'he would' but what he said  made it sound bad.. they discovered that apparently you with held info on a south american  fund set up that helped pay for transfers.. google it.. be interesting to hear what you think  tbh made your mob sound double devious..

I don't know the full facts, as I presume nobody on here does. I've read the allegation but what springs to my mind is if there was such a fund, who was financing it. Man City or our owners (City Football Group). Bearing in mind, I think Third Party Ownership is allowed in all other countries except England, if it was CFG who funded it, then I can't see how it is wrong as long as any player who actually signs for Man City has been released from TPO prior to signing for us. CFG have clubs in Australia, USA, China, Spain, Uruguay, Japan and are looking at India next, where TPO is allowed, so in all those other countries there wouldn't be anything wrong. Just my opinion of course

[3 minus 2]

26 minutes ago, mrbojangles said:

I don't know the full facts, as I presume nobody on here does. I've read the allegation but what springs to my mind is if there was such a fund, who was financing it. Man City or our owners (City Football Group). Bearing in mind, I think Third Party Ownership is allowed in all other countries except England, if it was CFG who funded it, then I can't see how it is wrong as long as any player who actually signs for Man City has been released from TPO prior to signing for us. CFG have clubs in Australia, USA, China, Spain, Uruguay, Japan and are looking at India next, where TPO is allowed, so in all those other countries there wouldn't be anything wrong. Just my opinion of course

The way the reporter put it there was an enquiry about what exactly i'm not sure.. but it was supposedly  resolved by the fine ? And this  with held info relates to  what the enquiry was about .. go bac and listen  imo it 5covers stuff that hasnt been covered unfortunatly my pod player deletes after i listen and they were  concurent so cant help but its stufff.. well make your own mind up have a listen

[3 minus 2]

Its the guardian 

And the d speg interview starts around 55 mins

 

https://www.theguardian.com/football/audio/2019/mar/07/manchester-united-rock-psg-plus-football-leaks-football-weekly-extra-podcast