Club Confident Amidst Financial Fair Play Allegations
Former Man City financial advisor, Stefan Borson, believes the club is not overly concerned after Football Leaks hacker Rui Pinto threatened to release hundreds of emails and documents potentially damaging to the Citizens.
In May, Man City celebrated their fourth consecutive Premier League title under manager Pep Guardiola. Despite their on-field success, the club faces scrutiny off the pitch, charged in February 2023 with over 100 breaches of financial fair play regulations dating back to 2009.
Speculation suggests potential consequences for Man City, including points deduction or even expulsion from the competition, if found guilty. The club, however, has vehemently denied any wrongdoing and is fighting the charges through legal channels.
Rui Pinto, known for leaking details of Roberto Mancini’s contract and other key documents in 2018, recently stated at the Offshore-Alert Marbella Conference that he has handed over five hard drives to French and German authorities, containing millions of documents, including more on Man City. Pinto claims these documents could be significant in the ongoing Premier League investigation into the club.
A legal representative for Pinto confirmed the existence of a large file of Man City-related documents yet to be released. Despite these threats, Borson doubts the impact on Man City, suggesting that if the documents were truly important, they would have already been shared with the relevant authorities or the press.
“I don’t think City will be losing too much sleep over it,” Borson told Football Insider. He believes the Premier League has the necessary documents to make its case, and any new releases are unlikely to change the situation significantly.
The Times‘ chief sports reporter, Martyn Ziegler, noted that Swindon Town’s relegation in 1990 for irregular payments could be cited as a precedent if Man City is found guilty. Swindon were demoted after using unreported funds to top up players’ pay, a situation somewhat analogous to the allegations against Man City.
Man City’s case is set for a hearing in November, and until then, the club remains focused on their legal defense and on-field performance.
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