- For football it is disaster all the way. But maybe for Arsenal we can remain on safer ground
- Etihad Airways considering legal action. Am I free to write that?
By Tony Attwood
There are so many times when I am faced with the financial goings on of football clubs that I have to say to myself, “How would I understand any of this without Swiss Ramble” – by far the best regular reviewer of football finances on the planet.
So it was a genuine bombshell when the excellent David Ornstein casually announce that City had been found guilty as if he were putting out another transfer exclusive, ending with “MCFC expected to appeal” before telling us the process was ongong.
Since then we have had redacted summaries of the decision and a general talking up of this being the moment of the football apocalypse, which I suppose it is. If the League kicks the Mancs out, that will reverberate for a decade. If the Mancs hold on, then the League and its clubs will know that every football rule and UK law can be challenged.
And then what? Well, we’d know who will win the League each season before we start. Then I suspect some clubs would resign and set up a new league without the Manc. That would give Europe something to ponder – for it might encourage other clubs that could lay their hands on billions of pounds to have a bash at taking the Mancs on. But football as we know it would be over, because the League would have lost control of, well, basically, the league. I would expect that big six and others to leave the Premier League and set up a new league with rules that could not be challenged in court.
But for now we are sitting on a problem. If the Mancs have “irrefutable evidence”, why don’t they just publish it and end all this bickering?
The League says it has details of “how the club systematically broke Premier League Rules for nearly a decade.” The club says “no we didn’t.”
Now I have mentioned before I was chair of a very modest sized plc for many years so I had the job of signing off accounts and talking with our auditors. We never played fast and loose with the Revenue because I thought we were better at making money legally than we were at trying to run rings round Inland Revenue.

But the news doing the rounds now was City said Etihad Airways was never government owned. But in 2015 they said they were when they were i think entering the US market.
I believe one aspect that is still being ignored is the one of ‘downstream damage’.
Whatever happens on a PL level, from all I read, there are not only questionable acts relating to PL rules, but about taxes, corporate governance and accounting, financial reporting, etc.
I’d expect the tax authorities here in England to get active and most probably in other countries in Europe as well.
Furthermore, City employees who went along with the strategy may find themselves liable to criminal prosecution. Or to civil liability.
I wonder how that will pan out : thrown under the bus by their employer ? will turn on their employer to get leniency.
And if what I read is true, Etihad have given the US a testimony a decade ago about how the sponsoring was financed that is the opposite as what seems to have been found in the leaked emails. I doubt that this lie is going to just disappear.
Anyway, we just should relax, get some popcorn and enjoy the carnage. At least we know Arsenal’s position is safe. And I can’t remember any big money sale to City in the past 5 years.
Which brings me to my final comment : what about the millions City still owe to clubs they bought players from ?
you put man u instead of man c… 10th paragraph second line