Pep Guardiola responds to 'Football Leaks' regarding Man City's finances

PepGuardiola- cropped

City were initially handed a £49m fine for FFP breaches in 2014 but were given back £33.4m of that three years later after meeting the requirements of the sanctions initially imposed on them.

When UEFA were investigating City over FFP, Fordham apparently never came up.

The accusation from Der Spiegel after viewing internal documents is that it was Sheikh Mansour's company, Abu Dhabi United Group, that gave the Rowlands the money "for the purchase of the marketing rights and to pay the players for their marketing appearances". "What I can say personally on the club, of course I trust the club what they have done".

Ahead of Manchester City's Champions League tie against Shakhtar Donetsk tomorrow, Pep Guardiola was asked about the allegations that the club falsified their books to allow extra investment from the owner. "Believe me, I'm completely honest, I don't know what happened, I'm a manager, focused on the pitch, the locker room".

Manchester City manager Pep Guardiola has defended the Premier League champions as "incredibly professional" in response to allegations they bent financial fair play rules.

Der Spiegel calls the settlements "weak" and claims Uefa "wasn't even entirely aware of the degree to which it had been deceived".

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Der Spiegel, crediting Football Leaks, has also alleged the third-party company to which they sold player image rights was also funded by the Sheikh.

"Uefa should do its job in terms of enforcing FFP because, as we have said before, both Manchester City and Paris Saint-Germain are not complying with FFP rules". "But internal emails tell a different story, providing evidence of backdated contracts, illusory sponsoring payments and cavalier, "We can do what we want", business practices". In City's case, however, Fordham Sports Management is alleged to have done so - with City's Abu Dhabi owner reimbursing Fordham directly to the tune of £11m a year.

The Catalan coach has delivered a combination of thrilling football and results as City romped to the title with a record 100 Premier League points last season.

This rise coincided with UEFA creating rules - in consultation with the European Club Association - to limit spending within a club's ability to generate revenue.

Manchester City chief executive Ferran Soriano (right) said City needed to fight FFP "in a way that is not visible or we will be pointed out as the global enemies of football", according to Der SpiegelWhat punishments did Man City suffer?

When auditors examined the arrangement on behalf of Uefa, they described it as a "very good deal for MCFC", with one analyst stating he was having difficulty understanding how Fordham expected to make a return.

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