Man City to appeal but defence may be undermined by Etihad statement
Manchester City's defence in their appeal against an independent commission's guilty verdict over Premier League financial breaches may be undermined by a statement made by main sponsor Etihad Airways to the United States government. Central to the club's case will be an insistence government funding, provided via the Abu Dhabi Crown Prince's Court (CPC), gave financial assistance to sponsors in…
Manchester City plans to appeal the independent commission's guilty verdict on Premier League financial breaches, but their defense could be weakened by a statement from their main sponsor, Etihad Airways. The issue lies in whether the government funding, provided via the Abu Dhabi Crown Prince's Court, helped sponsors comply with financial rules, or if it was the club's own Abu Dhabi United Group company.
However, Etihad has stated to the US government that the Abu Dhabi government did not fund their sponsorship of Manchester City. This contradicts the commission's findings that more than £830 million of owner funding inflated revenues to meet Premier League and UEFA financial rules. The club maintains its innocence and has compiled substantial evidence in its favor.
The appeal, if granted, will prolong the already lengthy process, with the Football Association also considering potential action.
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