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Man City to argue sponsorship deals came from Abu Dhabi government

Man City to argue sponsorship deals came from Abu Dhabi government

Summary

Manchester City was found guilty of breaking Premier League financial rules related to sponsorship deals between 2009 and 2018. The club plans to appeal, saying the money came from the Abu Dhabi government, not the club’s owners, but the commission rejected that explanation.

Key Facts

  • Manchester City was found guilty of 114 charges of financial rule breaches from 2009-10 to 2017-18.
  • The club allegedly inflated income by fake sponsorship deals involving its owners.
  • Abu Dhabi United Group (ADUG), owned by Sheikh Mansour, was said to add money to these deals to hide the true funding.
  • The total amount involved in the disguised funding scheme was about £830.69 million.
  • Manchester City will argue in the appeal that the funds came from the Abu Dhabi government, not ADUG.
  • The independent commission called this new claim untrue and a cover-up.
  • Etihad Airways, the club’s main sponsor, denied involvement in any improper deals and may take legal action.
  • The Premier League has not commented on the case.
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