Connect with us


How Did Manchester City Led By Sheikh Mansour Earn Ps600 Million More Than Its League Rivals

Manchester City has relied on sponsorship deals from businesses located in owner Sheik Mansour’s native nation of the UAE over the past decade, allowing them to outspend most of their rivals on transfer fees and wages.
They had a squad that cost EUR1.063 billion (PS974 million) in transfer fees before the start of the 2020-21 season, making them the most expensive in world football.
In a pandemic-hit 2019-20 season, when other teams were slashing expenditures, their pay spend was PS351.4 million, the biggest one-season amount in English football history.
City’s commercial income was compared to that of three Premier League clubs with similar characteristics: Liverpool, Chelsea, and Arsenal, all of whom have ‘Big Six’ status, have played regular Champions League football over the last decade, have enormous fanbases, and a track record of success.
Manchester City, owned by Sheikh Mansour, is being investigated for breaking financial laws. The Mail on Sunday looks at how City managed to earn PS600 million more than their rivals in the ten years leading up to the end of 2020.
Liverpool, Chelsea, and Arsenal each received PS1.1 billion for the same time period, indicating City earned PS600 million more from commercial deals than those other clubs of equal size and status.
The difference with City’s commercial earnings is that, unlike the other three, they rely heavily on sponsors from a single country, the United Arab Emirates.
For example, commercial sales in the 2012-13 season increased by 33% year on year to PS143 million, with UAE-based corporations accounting for 83 percent of the total, with PS67.5 million from Etihad, PS15 million from investment firm Aabar, PS16.5 million from telecoms giant Etisalat, and PS19.75 million from the Abu Dhabi Tourist Authority.
Six different UAE organizations and partners are said to have donated PS122 million in sponsorship to the City’s coffers in 2015-16, accounting for 68 percent of the total.
By 2019-20, the sum had risen to almost PS140 million from PS250 million, a 56 percent increase.
This could become a problem for City if it is convincingly proven that large sums of money given as sponsorship by ‘arms length’ third parties were or are ultimately supported by City’s owner or parties associated to him, rather than the bodies claimed.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Must See

More in News