Manchester City reported £949.4m arriving from sponsors over nine years.
The real number was £119.2m. Abu Dhabi United Group (ADUG), the club’s owner, forked out the remaining £830.7m in what the commission described as a “disguised funding scheme”.
City are alleged to have overstated their revenue by £854.5m over nine years.
We knew it was going to be bad. But this bad? No, it is on a different scale to anything the Premier League has seen before.
📝@DTathletic
🔗 https://t.co/PeBjfxVJgF
"Do you apologise to football fans? The Premier League says 'sham' contracts, is this a 'sham' club?"
@RobHarris questions Man City chief executive Ferran Soriano after the club was found guilty of all charges related to Premier League's financial rules
https://t.co/3A2kYsOcCZ