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Pep Guardiola insists Manchester City's success is not exclusively down to money

07 November, 2018, 13:55 | Author: Candice Daniels
  • Pep Guardiola meets his employer Sheikh Mansour bin Zayed Al Nahyan

Guardiola was also lured to Manchester by City's resources after great success with Barcelona and Bayern Munich. A City lawyer apparently professed not to know because Fordham hadn't showed the club its business plan. 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 Guardian has not seen or been able to verify the documents Der Spiegel has used in its reporting.

Fresh documents published by German magazine Der Spiegel claim the club set up "Project Longbow" to bypass UEFA regulations and sold players' image rights to an external company overseen by a London multi-millionaire, thereby writing off a huge cost from their accounts.

However, a spokesperson for Etihad has claimed the airline was the real source of the money it paid to City. "Our partnership with Manchester City and the broader City Football Group continues to deliver important ongoing and accumulative returns on our investments".

Federation Internationale de Football Association have called for an investigation into City's financial dealings, but the club have strongly denied the accusations.

Manchester City and Paris St-Germain "are cheating and should be sanctioned", according to La Liga following financial conduct allegations.

"UEFA should now take action and apply the rules and any sanctions that exist and are necessary".

City were fined 60 million euros by UEFA in 2014 for breaching those rules, but the two parties reached an agreement under which the club would get 40 million euros back if they stuck to the terms of their settlement.

OnePlus 6T: How to watch the livestream from the NYC event
First , we all know that OnePlus phones are almost as good as flagship iPhones in every department but cost only half as much. The OnePlus 6T is due for release on October 29 and fans of the flagship device are gearing up to purchase the smartphone .

City have not commented on the stream of claims beyond referring to a statement they issued last week which read: "We will not be providing any comment on out of context materials purportedly hacked or stolen from City Football Group and Manchester City personnel and associated people".

La Liga boss Javier Tebas has frequently accused City of being one of those clubs guilty of "financial doping" and in its latest article, Der Spiegel wrote that the reigning English Premier League champions, one of the richest clubs in the world, had "walked all over the FFP rules", a claim that is bound to provoke considerable concern among City's European and domestic rivals.

When asked about the accusations, the manager Pep Guardiola insisted that City had always tried to do things the right way.

But Guardiola, the City manager, said yesterday: "You have to accept it when people say you win just because of money, we accept it".

"We work a lot in a good way and that's why I always defend us - especially my players - and what we do".

"There are incredible people working here and how professional they are".

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