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Spotlight on Man City: The Key Findings From Der Spiegel on Alleged Dodgy Dealings & FFP Subversion

90min Logo By Jamie Spencer of 90min | Slide 1 of 8: City apparently found themselves almost £10m short of meeting UEFA's financial regulations in 2013 after the sacking of Roberto Mancini. The way they covered that, the leaked emails purport to show, was by receiving extra money from sponsors in Abu Dhabi. "We will have a shortfall of £9.9m in order to comply with UEFA FFP this season. The deficit is due to RM termination. I think that the only solution left would be an additional amount of AD sponsorship revenues that covers this gap," chief finance officer Jorge Chumillas wrote in one email. Another executive, Simon Pearce, seemingly suggested a 'backdated deal for the next two years...paid up front', while chief executive Ferran Soriano allegedly proposed having sponsors pay a contractually obligated bonus for winning the FA Cup, even though City hadn't. In the end, Etihad Airways coughed up £1.5m, an extra £500,000 also came from Aabar and £5.5m was paid by the Abu Dhabi tourism authority. Pearce's startling response to a question from Chumillas about changing the date of the sponsor payment was apparently, "Of course, we can do what we want."

Manipulating Sponsorship Contracts

City apparently found themselves almost £10m short of meeting UEFA's financial regulations in 2013 after the sacking of Roberto Mancini. The way they covered that, the leaked emails purport to show, was by receiving extra money from sponsors in Abu Dhabi.


"We will have a shortfall of £9.9m in order to comply with UEFA FFP this season. The deficit is due to RM termination. I think that the only solution left would be an additional amount of AD sponsorship revenues that covers this gap," chief finance officer Jorge Chumillas wrote in one email.


Another executive, Simon Pearce, seemingly suggested a 'backdated deal for the next two years...paid up front', while chief executive Ferran Soriano allegedly proposed having sponsors pay a contractually obligated bonus for winning the FA Cup, even though City hadn't.


In the end, Etihad Airways coughed up £1.5m, an extra £500,000 also came from Aabar and £5.5m was paid by the Abu Dhabi tourism authority.


Pearce's startling response to a question from Chumillas about changing the date of the sponsor payment was apparently, "Of course, we can do what we want."  

© Shaun Botterill/GettyImages

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