Stefan Borson, a former financial advisor for Manchester City, warns that potential sanctions against the club could echo throughout European football. Many clubs in England and beyond have benefitted significantly from financial dealings with City over the years, leaving them vulnerable if that funding stream is cut.
Investigations have uncovered inflated financial statements from Manchester City totalling £900 million, with club spending on transfers from 2009 to 2018 reaching approximately £1.2 billion.
Teams like Wolfsburg, Monaco, and Arsenal have received hefty sums from City as they sold players. During that timeframe, City made notable acquisitions including Kevin De Bruyne, Edin Dzeko, Bernardo Silva, and Samir Nasri. Other clubs like Tottenham, Everton, Barcelona, and Real Madrid have also benefited from the cashflow from the Etihad.
Borson points out that this financial dynamic poses a significant dilemma for clubs advocating for harsh penalties against Manchester City.
He commented:
“There’s a big issue for all these teams – both in the Premier League and across Europe – pushing for serious punishment. The fact is, City could essentially be removed from the market.”
“Look where that £900 million has gone. That money has circulated through Europe – to Arsenal, Liverpool, German clubs, and French sides.”
“City's financial influence has permeated the entire football market. If the club loses its appeal, it’s highly likely that this money tap will be turned off.”
While clubs may not openly admit it, Borson believes they have reaped substantial financial rewards from Manchester City’s investments.
He added:
“They won’t phrase it this way, but from a financial perspective, clubs have greatly profited from the investments made by City.”
A separate layer of intrigue surrounds the futures of City's players. Arsenal and Real Madrid have already reached out regarding Erling Haaland, while Mark Guehi could once again emerge as a target for Liverpool should circumstances at the club shift.
Additionally, market interest may also arise for players like Ryan Cherki, Elliot Anderson, Enzo Fernandez, Gianluigi Donnarumma, and Phil Foden. If serious sanctions limit transfers, some players could theoretically become more accessible for other clubs.
