The New York Times report citing “people familiar with the case” is therefore extremely concerning. The implications are that either Manchester City’s good faith in the CFCB IC is misplaced or the CFCB IC process is being misrepresented by individuals intent on damaging the Club’s reputation and its commercial interests. Or both.
Manchester City’s published accounts are full and complete and a matter of legal and regulatory record. The accusations of financial irregularities are entirely false, and comprehensive proof of this fact has been provided to the CFCB IC.