Following a publication in the German magazine Der Spiegel revealing documents that investigated the Manchester City, a series of finings were announced by the Executive Affairs Authority of Abu Dhabi, capital of the United Arab Emirates.
After the investigation carried out by the network of European Researchers and Collaborators, they revealed through Football Leaks, about the violation of international regulations after making millionaire payments and commissions to player agents, in addition to hiding the salary of the current Italian coach Roberto Mancini, who was paid by triangulation from the capital of the emirates.
In addition to salaries , transfers and commissions, the government agency that advises the crown prince of the United Arab Emirates
s, used the company that owns right television channels in Spain Mediapro, to camouflage some payments and financing from Abu Dhabi to the Manchester City.
Der Spiegel 🇩🇪 published an investigation together with the European Investigative Collaborations network of journalists in which alleges that Manchester City made illegal payments to underage players, inflated sponsorship deals and hidden salary payments to Roberto Mancini. pic.twitter.com/k09mXuX3l4
— VarskySports (@VarskySports) April 7, 2022
On the other hand, Sheikh Mansur Bin Zayed Al Nahyan, owner of the Manchester City, has injected in the last 10 years astronomical amounts and becoming one of the richest teams in the world. However, part of the economic success they have had thanks to their operations in illicit ways to avoid financial controls by international organizations.
Another of those involved is the current president of Manchester City, Sheikh Jaldun Al Mubarak
, who is also the prime minister of Abu Dhabi, is in charge of directing the state fund and in turn approved the government money so that the English team had a large and multimillion-dollar budget.
Manchester City accused of hiding money flow
According to the German newspaper Der Spiegel, the team is accused of pressuring underage players to sign contracts in exchange for money, something that is illegal in European football. On the other hand, they have been accused of receiving only a part of the sponsorship payments, being used as a front for the money coming from the accounts of Sheikh Mansur.
Another accusation is that of the salary of Roberto Mancini, current Italian coach who managed Manchester City between the year 2009 Y 2013, being paid through a fictitious consulting contract and avoiding controls and international taxes for transactions.
Manchester City won a trial at the TAS after being accused of dubious financing491620669
Although the English team has been investigated in the past for irregularities in its financing methods, the UEFA had prohibited in 2020, the participation of Manchester City for two years in the Champions League, after revealing their ways of receiving money, however, the club and the power groups of the United Arab Emirates, hired the best lawyers in England to fight for the case in the Court of Arbitration for Sport (TAS).
After the trial, UEFA lost the case, although there is unquestionable evidence of financial and illegal practices in which Manchester City has been involved.
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