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Man City is Undergoing Investigation for Allegations of FFP Violations

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MAN CITY – UEFA has started an investigation against Manchester City for the allegation of financial fair play violations. In the last few months, allegations are being published in various media outlets against Man City for violation of FFP rules. Following the allegations, UEFA issued the orders for investigation against Manchester City. In its statement, Manchester City spokesperson simply rejected all the allegations but declared it “false.”

Man City said, “The accusation of financial irregularities is entirely false. Manchester City welcomes the opening of a formal Uefa investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails. The club’s published accounts are full and complete and a matter of legal and regulatory record.”

Uefa said the investigation “will focus on several alleged violations of FFP that were recently made public in various media outlets”.

FFP rules say that the amount clubs spend on their players and wages should be nearly equal to their earning in commercial revenue and prize money. It is not for the first time that City has been facing such an investigation in the case of misconduct. In 2014 also, City was found guilty of breaching FFP rules by UEFA and it faced a fine of 49million euros which was later reduced to 17 million euros following the suspension of 32 million euros. An exemption of 32 million euros was made in a deal to reduce City’s Champions League Squad for 2014-15.

The Football Association is also looking into claims that City made a banned 2,00,000 Euros payment to Jadon Sancho’s agent when the England winger was 14 years old. A post published in German media, Der Spiegel claimed that City had “deceived” European football’s governing body. It claimed that City and its sponsors manipulated contracts to wipe out Euro 9.9 million shortfall in 2013 and circumvent FFP regulations. If City is found guilty in the present case then the club will be banned from Champions League. And if it happens, this will not be good news for all the people put their stakes in sports betting on this club on various online betting sites such as dewabet.

UEFA has refused to comment on this issue until the investigation is not over. Also, it said it would reopen FFP investigations on a “case-by-case basis” if it finds any evidence of “abuse.”

Manchester City chairman Pep Guardiola said that he has been assured by the City Manager and CEO that the club will not be banned.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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Sports

Aaron Rodgers Signs $150m Contract as Green Bay Packers Retain Star Quarterback

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If you are a Green Bay Packers fan, then the news that Aaron Rodgers has pledged himself to the Lambeau Field franchise for another three years will be music to your ears. The veteran quarterback has completed back-to-back NFL MVP award-winning seasons, and many may have feared that another offseason filled with ‘will-he, won’t he’ rumors were on the cards, but that’s now been neatly avoided.

38-year-old Rodgers has put pen to paper on a deal that will net him a massive $150m and makes him the best-paid player in the league. His first year will amount to $41m, the second is worth $59, and his third will work out at $49m. That may seem like a hefty sum, but Rodgers reportedly actually turned down a higher amount, knowing that doing so would free up money to improve the deals of other players (and possible newcomers to the Packers ranks).

The retention of Rodgers will, of course, offer a massive boost to Matt LaFleur’s team’s push for a Super Bowl title, and if you take a look at any odds comparison site, you’ll see that Green Bay are now at around the (+1100) mark, meaning that only the Buffalo Bills, the Kansas City Chiefs and the Tampa Bay Buccaneers are ahead of them in the betting.

Rodgers has been in superb form over the past few seasons, showing that age hasn’t caught up with him, and there is certainly plenty more left in the tank. Next season will be his 18th with the Packers, and he has led his team to the playoffs in each of the past three campaigns. 

During that period, the Packers have a 39-6 record in regular-season action, which is a frightening level of consistency, and keeping such a hugely talented player at the team is something that has been widely applauded.

Green Bay general manager Brian Gutekunst remarked;

“We are very pleased to be able to come to an agreement with Aaron that keeps him in Green Bay,”

“His play on the field and leadership in our locker room remain vital in our pursuit of another Super Bowl title. The agreement also allows us to maintain and enhance what we feel is already a very competitive roster.”

The new deal for Rodgers has left back-up QB Jordan Love considering his options, and one imagines he may look to leave Green Bay in order to find game time elsewhere. 

On that point, comments from LaFleur suggest that they may not stand in his way, should he indeed look to find a new team;

“Jordan’s come a long way,” 

“I still think, with any young player that hasn’t gotten maybe the experience up to this point, there’s still a lot of room for growth. So I think it’s going to be an important offseason, that when he does come back, it’s making sure that his footwork is sharp, that he’s on the details of what we’re trying to accomplish on each and every play and all the concepts, really a mastery of the offense, and just the command that he has. I know he takes that to heart, and he takes it very personally, and he’ll do whatever he can to be his best.”

One thing is for sure. Trying to force your way from behind the shadow of such an accomplished player, such as Aaron Rodgers, isn’t something that can be easily achieved. Hence the likely need to move on rather than sit on the sidelines for another three years.

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