Man City accused of dodging payments amid whistleblower news - Maguire

By Kieran Maguire

12th Apr, 2022 | 9:30am

Kieran Maguire: Man City 'accused' of dodging payments as FFP whistleblower comes forward

Man City have been accused of passing on part of their wage bill to third parties in order to satisfy financial fair play quotas.

So says finance guru Kieran Maguire, speaking exclusively to Football Insider about the latest allegations from German outlet Der Spiegel.

An anonymous whistleblower has furnished Der Spiegel with documents, released last Thursday (7 April), that appear to show financial malpractice.

As well as artificially inflating sponsorship income, City allegedly set up parallel contract networks to reduce costs and improve their FFP standing.

It is claimed that ex-City boss Roberto Mancini, 57, received half his salary from the club and half from a fictitious consultancy role with Al Jazeera.

Maguire explained that City, as a club, are suspected of having dodged payments by passing the buck to a related party.

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“I think that the rationale behind this is as follows,” he told Football Insider‘s Adam Williams.

“If you are trying to stay within a break-even model for FFP purposes, there are two ways of doing that.

“You can A) artificially inflate revenues or B) artificially deflate costs.

“This is the accusation that is coming from Der Spiegel, that City have effectively been putting the cost on someone else’s tab.

City topped the 2022 Deloitte Football Money League with the highest revenues in world football.

They generated £569.5million over the course of the last recorded financial year, with £271.7m of that figure stemming from commercial streams.

In other news, Jack Grealish told to by pundit make critical change after Man City warning.