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Kieran Maguire: Man City to fend off 'attacks' amid threat to FFP-busting system
Man City use their multi-club network to game the financial fair play system – and they will defend it to the hilt.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about recent criticism of the multi-club model.
Bournemouth, whose new owner Bill Foley has acquired French club Lorient, have recently become the latest side to join the likes of City and Red Bull in establishing a multi-club network.
But as relayed by the Financial Times last Saturday (28 January), the strategy is beginning to “ruffle feathers” among football’s regulators.
City’s parent company City Football Group own 11 clubs worldwide, with footholds in five continents.
Maguire explained that the network is vital as it helps the Premier League giants “shift profits” throughout the system.
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“The multi-club ownership model has many benefits,” he told Football Insider’s Adam Williams
“You can foster consistency in terms of tactics, diet, training etcetera. This can be beneficial for clubs that move players around the system.
“They can also be used to shift profits between one club and another from a financial fair play perspective. This forms part of people’s reservations.
“In addition, the multi-club model helps Premier League clubs that have been stifled by Brexit because you’re no longer allowed to recruit players who are 16 and 17 from Europe.
“City Football Group will try and defend the multi-club model from attacks. It has worked for them and it would appear that it has worked for other people who have taken a similar approach too.“
In other news, pundit claims Man City could sign Ben Chilwell after unexpected deal agreed.