Home » Sport

Pep Guardiola responds to 'Football Leaks' regarding Man City's finances

09 November, 2018, 06:56 | Author: Delia Walker
  • La Liga call for UEFA sanctions against Manchester City amid new FFP leaks

Manchester City and their sponsors manipulated contracts to circumvent Uefa's Financial Fair Play regulations, according to Der Spiegel.

As the leaks continue to emerge, the Spanish top flight, La Liga, have urged UEFA to take action against Manchester City as well as fellow Abu Dhabi owned club PSG, and have warned that they could take it to the European Union courts.

Der Spiegel reported last week City and PSG breached FFP rules by €188 million (£164 million) and €215 million respectively in 2014, and tried to cover up the breach using vast sponsorship deals connected to their oil-rich owners that far exceeded their true market value.

The "Football Leaks" documents, which include emails, contracts and presentations, were obtained by German publication Der Spiegel and reviewed by Reuters in partnership with worldwide media consortium European Investigative Collaborations.

On Friday, it was claimed that City paid more than half of former manager Roberto Mancini's salary via a sports club in Dubai, in what Der Spiegel claims is another alleged attempt at hiding costs.

Der Spiegel cited Man City documents in which officials wrote: "Without significant additional revenues".

"Should Uefa fail to act, we will do what we have said before: launch a complaint with European Union competition authorities".

Der Spiegel said this helped turn nearly 30 million euros ($34 million) into revenue instead of a cost, for the objective of UEFA's investigation of club accounts.

UEFA said it "cannot comment on specific cases due to confidentiality obligations".




In addition, Jose Mourinho has stated that he suspected Manchester City of these kinds of wrongdoings from several years. "I have thoughts from a few years ago but I keep the thoughts to myself, "he said at his pre-match press conference ahead of United's clash with Juventus on Wednesday".

When the initial deal was signed in October 2015, both Guardiola and City made no public comment on the agreement.

Defending the Premier League champions as "incredibly professional" in response to allegations they bent financial fair play rules, he added: "Of course, like many, many clubs around the world they have a lot of money, but they are also an incredible club".

"But I am part of the club, I am supportive of absolutely the club and we want to do what we have to do in terms of the rules".

"I'm a manager. I'm completely out of how we handle this situation".

"If people say it's just about that we have accept it, but my point of view is completely wrong. In the end we have to focus on what we have to do on the pitch".

But the City full-back says it is up to the players to get supporters back on side first by beating Group F rivals Shakhtar Donetsk then powering their way to glory in Madrid next May.

"After dropping points against Lyon, every game is a final".

Recommended:



Popular

Marine combat veteran kills 12 in crowded California bar
People "dog-piled on top of each other" trying to hide in silence, she said. "Knowing Cody , I'm afraid that's what he did". Helus and a California Highway Patrol officer were the first to arrive at the bar and went inside just before 11:30 p.m.

Attorney General Jeff Sessions Resigns
Whitaker's views as an outside commentator before joining the government have been music to the ears of Trump and Republicans. He recused himself the next day, saying it would be inappropriate to oversee an investigation into a campaign he was part of.

Supreme Court rejects net neutrality appeal
The Trump administration supported the industry's case, asking the US Supreme Court to vacate the Obama-era ruling. The program is keeping about 700,000 young people from being deported, NPR's Joel Rose notes.

FDA approves opioid painkiller 1,000 times stronger than morphin
Food and Drug Administration ( FDA ) just approved an opioid that's said to be 10 times more powerful than fentanyl. The numbers say it all: More people die in the United States each year from drug overdoses than from breast cancer.

Spice Girls reveal we've been singing this iconic lyric wrong
Chisholm admitted it was "tough" deciding to tour without Beckham "because obviously she is a huge part of the band". They said there were "no plans" to perform at Glastonbury.

Florida Passes Amendment Restoring Voting Rights to 1.5 Million Felons
Amendment 4 received 65% of the vote, according to the Miami Herald , changing 150-year-old language in the state's constitution. Any proposed new casinos in Florida will now have to get 60 percent of Floridian's votes on the ballot to get approved.

LeBron James warns Lakers to ignore 'outside noise' after latest defeat
But you never let the outside noise get to you and if you do that, that can cause you problems. Lakers and National Basketball Association reporter for ESPN.

Beto O'Rourke vs. Ted Cruz
He also dropped the f-word - uncensored - on live TV, telling the crowd to a huge cheer, "I'm so fucking proud of you guys!" Triumph finally gets his long-awaited face-off with Ted Cruz , who tried to hold his own against the insult comic dog.

Spice Girls set to tour without Victoria Beckham
The Spice Girls will play Edinburgh BT Murrayfield Stadium next summer as part of their United Kingdom stadium tour. They last performed together at the Olympic closing ceremony in 2012 - and haven't been on tour for a decade.

Diablo Immortal - Blizzard's First Game Made for Mobile
Blizzard also says the game has an active place in Diablo lore, taking place in the lull of time between Diablo 2 and Diablo 3 . We feel that they're passionate about the franchise ... and they put their heart into it just as we put our heart into it.