@MoChatra

Football finance. @AnfieldIndex regular (inc. Money Talks). Former wrestling and MMA writer & Wrestling Channel presenter. Views mine.

 Leicester, UK
xitter.cf/mochatra
Joined April 2009
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Liverpool's 'summer of madness' is delighting its fans in equal proportion to upsetting rival supporters. Once the Ekitike deal is concluded, transfer fee outlay will hit £260m- with further expensive incomings expected. This thread explains how the club is financing it.
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Was delighted to be joined by the wonderful @theesk to discuss Everton, Chelsea and Man City.
EPL Index
@EPLIndexOct 14
🚨LIVE PODCAST ALERT! 🎙️Join @MoChatra & @theesk on Money Talks Podcast 🕖14:00 BST 📺Watch the show LIVE on YouTube or here on X!
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We know Manchester City benefited from over £830m of illicit additions to sponsorship income courtesy of Abu Dhabi United Group (ADUG) between 2009/10 and 2017/18. I believe this did not stop, and continues to the present day. I believe ADUG paid City over £1.4bn since 2018/19.
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In nearly every significant case of cheating in professional sports, shortcuts were taken to secure marginal gains. This was far more than about marginal gains.
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Without this money, City would not have attracted most of their best players, Guardiola, generated all that TV revenue or established most of what they have today. For that reason, this is the worst case of cheating in sports history and the repercussions need to be very severe.
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Mo Chatra retweeted
Dan Neidle
@DanNeidleOct 1
Manchester City cheated Premier League rules, the Commission found. Did it also cheat HMRC? We've examined the decision and leaked Mancini documents. We think City likely failed to pay £12m in tax. There should be a criminal investigation. Thread:
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Mo Chatra retweeted
Nick Harris@sportingintelOct 1
Timely reminder of the compassion of some City fans and the sort of stuff journalists probing City have to endure.
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Live now!
AnfieldIndex
@AnfieldIndexSep 30
🆕 LIVE PODCAST ALERT 🚨 🟥 Nick Harris: What Man City's Guilty Verdict Means for #LFC 🎙️ Special Guest @sportingintel joins @MoChatra with his reaction to the #MCFC verdict. 🕛 1930 BST 📺 Available LIVE here on X plus YouTubeJoin Dave LIVE on YouTube at 9am Reds...
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Looking forward to going live with Nick Harris in less than an hour.
AnfieldIndex
@AnfieldIndexSep 30
🆕 LIVE PODCAST ALERT 🚨 🟥 Nick Harris: What Man City's Guilty Verdict Means for #LFC 🎙️ Special Guest @sportingintel joins @MoChatra with his reaction to the #MCFC verdict. 🕛 1930 BST 📺 Available LIVE here on X plus YouTubeJoin Dave LIVE on YouTube at 9am Reds...
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I estimated the incredible level of Manchester City's financial doping way back in 2019, and it turns out I hadn't overstated the figures in the slightest.
Mo Chatra@MoChatra8 Mar 2019
Replying to @MoChatra
City's true financial position likely involves its owners breaking FFP rules by between £150m-£250m per annum. If that is brought to an end, fairness will be a by-product of a big power play. This story is far from the foregone conclusion many think it is.
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That's just overstating sponsorship revenue. It doesn't include any off-the-books payments to players, agents and other staff or the slightly less dubious practice of allocating City-related expenditure to City Football Group (the parent company).
Martyn Ziegler
@martynzieglerSep 29
The scale of Manchester City's financial cheating laid bare in independent commission report: the club overstated sponsorship income by more than £830 million over eight years.
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Wow. One of the most damning sections of the Man City judgment is about witness credibility. The Commission said (their words) that several key City witnesses gave evidence that was: False, Untrue, Dishonest. That’s extraordinary, regulators rarely use language like that unless the evidence is overwhelming. And it matters because credibility is the foundation of many defences. If your witnesses fall, your case usually follows. City’s case fell hard. (resources.premierleague.puls…)
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Man City didn't stop their financial doping in 2018. It's still happening in the present. Why? It's because City felt they would get away with the brazen cheating and have continued with dishonest practices up until today. Any punishments should take account of this fact.
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