𝗠𝗮𝗻 𝗖𝗶𝘁𝘆’𝘀 𝟭𝟭𝟱 𝗰𝗵𝗮𝗿𝗴𝗲𝘀 - 𝘄𝗵𝗮𝘁’𝘀 𝗴𝗼𝗶𝗻𝗴 𝗼𝗻… It seems that there’s plenty of confusion surrounding the situation of Manchester City’s 115 charges for breaching Premier League rules and how it relates to their prior case with Uefa and CAS. Yet there’s not much out there in the mainstream media explaining it in that much detail. As such, I thought it might be helpful to provide a rough summary answering some of the most common questions about it all. Note: since I drafted all this, the BBC has released a similar version of FAQs about the case which can be found here: bbc.co.uk/sport/football/art… The below also has some information that the BBC did not elaborate upon though. 🧵1/n 𝗪𝗵𝗮𝘁 𝗵𝗮𝘀 𝗠𝗮𝗻𝗰𝗵𝗲𝘀𝘁𝗲𝗿 𝗖𝗶𝘁𝘆 𝗙𝗖 (𝗠𝗮𝗻 𝗖𝗶𝘁𝘆) 𝗯𝗲𝗲𝗻 𝗰𝗵𝗮𝗿𝗴𝗲𝗱 𝘄𝗶𝘁𝗵? Following an investigation by the Premier League, Man City has been charged with 115 counts of breaching Premier League rules: - 54 counts of failing to provide accurate financial information - 14 failures to provide accurate details for player and manager payments - 5 failures to comply with Uefa rules including FFP - 7 breaches of Premier League PSR rules - 35 failures to co-operate with Premier League investigations 𝗪𝗵𝘆 𝘄𝗲𝗿𝗲 𝘁𝗵𝗲𝘆 𝘂𝗻𝗱𝗲𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗶𝗼𝗻? In November 2018, German Publication “Der Spiegel” released a story about how Man City had been subverting Profit and Sustainability Rules (PSR) and Financial Fair Play (FFP) rules. These rules, introduced in Uefa competitions in 2011/12 and the Premier League in 2012/13, prevented clubs from undertaking unlimited spending using debt or owner funds (known as equity). Instead, clubs were required to spend what they “earned” such as from matchday revenue, broadcast revenue or commercial deals, such as sponsorships. The story’s source was a cache of leaked emails that Der Spiegel had obtained between Man City executives, including the Chief Executive Office (CEO) and Chief Financial Officer (CFO). The emails, which are numerous and took place over many years, go into precise detail about how Man City sought to subvert FFP rules by disguising equity payments from the owner as sponsorship revenue, by channelling the funds through their sponsors’ accounts. This formed the initial basis of investigations by Uefa and the Premier League. The accusation is that by disguising equity payments as sponsorship revenues, they would have subsequently misreported their financial accounts, hence the charges of failing to provide accurate financial information. Uefa estimated that at least £204million of equity payments were disguised as sponsorship revenues which would also result in substantial breaches to PSR and FFP rules. Subsequently, there were further reports that Man City paid players and managers “off the books”, resulting in charges for failing to provide accurate details for player and manager payments, which would also have knock on effects for the above charges as well. 𝗔𝗿𝗲𝗻’𝘁 𝘁𝗵𝗲 𝗲𝗺𝗮𝗶𝗹𝘀 𝗮𝗹𝗹 𝗳𝗮𝗸𝗲 𝗮𝗻𝗱 𝗱𝗼𝗰𝘁𝗼𝗿𝗲𝗱? No. Man City didn’t officially confirm or deny the authenticity of the emails during the Uefa investigation. However, Man City eventually released their own “original versions” of some of the emails during one of the hearings. The original versions of those emails matched the equivalent contents of the leaked emails. A few of the emails submitted by Man City as “originals” have been attached to this tweet. 𝗪𝗵𝘆 𝗶𝘀 𝗶𝘁 𝘁𝗮𝗸𝗶𝗻𝗴 𝘀𝗼 𝗹𝗼𝗻𝗴 𝘁𝗼 𝗯𝗲 𝗿𝗲𝘀𝗼𝗹𝘃𝗲𝗱? The nature of the accusation is complex and the Premier League lacks broad powers of investigation because it is not a Government body. It relies on its members to co-operate with investigations and provide the information that they request. Man City sought to challenge the investigation over many years in the UK Courts of Law, thereby delaying the investigation and subsequent prosecution.

What piece of commentary gives you this?🤤🤩

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