Manchester City have reacted strongly to the leaking of allegations against them which they strongly deny. One gets the sense that there is a view among people close to European football's governing body that Uefa has fallen short in the enforcement of its financial fair play rules and that making an example of a club with owners from outside Europe might offset this. In the past, Paris Saint-Germain and AC Milan have avoided sanctions through successful legal challenges.
Manchester City said that the implications of a report published in the New York Times were 'either that Manchester City's faith in the [Uefa investigatory body] is misplaced or … the process is being misrepresented by individuals intent on damaging the club's reputation and its commercial interests. Or both.'
'The accusations of financial irregularities are entirely false, and comprehensive proof of this fact has been provided [to Uefa's investigators].'
Here is some useful background to the dispute: Investigation, allegations and punishments
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