Global trends: The European football business model is at risk of relegation
The financial scandal at Manchester City has revived the debate about foreign investors. The German 50+1 rule is not the solution – and not every investor is a problem.
An independent investigation committee has accused Manchester City of falsifying its accounts and financial doping to the tune of around €1 billion in 115 cases over nearly a decade. The English Premier League club faces potential severe penalties, including a massive points deduction, high damages claims, relegation or even forced sale by its current owner, Sheikh Mansour bin Zayed.
The scandal is being described as the biggest financial one in European football history, with unpredictable consequences for the club, the sport, and the football business model. The Premier League's reputation, a major British export, has also taken a significant hit.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
