Pep Guardiola responds to 'Football Leaks' regarding Man City's finances
09 November, 2018, 06:56 | Author: Delia Walker
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 ManchesterCity 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".
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