Published: Fri, November 09, 2018
Sport | By Ashley Hunter

Pep: Man City more than just money

Pep: Man City more than just money

Guardiola was also lured to Manchester by City's resources after great success with Barcelona and Bayern Munich.

PSG likewise issued a statement on Friday saying it "has always acted in full compliance with the laws".

Af for the FFP complaints, he stuck to the club's version: "I am part of the club and I support them completely".

This rise coincided with UEFA creating rules - in consultation with the European Club Association - to limit spending within a club's ability to generate revenue.

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 has also claimed that City struck a deal with UEFA to avoid a Champions League ban when it was found they had breached FFP rules, and that a third-party company to which they sold player image rights was also funded by the Sheikh. "But internal emails tell a different story, providing evidence of backdated contracts, illusory sponsoring payments and cavalier, "We can do what we want", business practices".

According to Der Spiegel, citing documents the Guardian has not seen or been able to verify, City executives agreed a deal whereby the holding company which controlled City, the Abu Dhabi United Group, would circulate funds to Al Jazira which would then be paid back to Mancini via an offshore company in Mauritius named Sparkleglow Holdings.

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City say they will not be commenting on the claims and that the attempt to damage their reputation is "organised and clear".

According to Der Spiegel, his hiring was a secret mission and neither City, nor the coach stated anything publicly about the contract.

Manchester United have gone through the agony of seeing arch-rivals Manchester City turn into a footballing superpower in the last few years.

And from Spain today comes more pressure on UEFA to investigate City's practices in relation to FFP, particularly the claim of artificially inflated sponsorship deals - or "financial doping" - which could be the most serious of the lot.

Der Spiegel calls the settlements "weak" and claims Uefa "wasn't even entirely aware of the degree to which it had been deceived".

Sportsmail understands there are certain challenges facing UEFA's legal team, the main concern being the method by which the allegedly genuine documents were obtained by Football Leaks.

Since 2008, City have won three Premier Leagues, an FA Cup and three League Cups, and have spent more than £1.4bn on players.

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