"I'll Say Everything, Just Wait." Manchester City Chief to Break Silence on Alleged Financial Breaches
Manchester City faces 115 charges of alleged breaches of Premier League financial rules, reportedly committed between 2009 and 2018. The club also stands accused of failing to cooperate with the league's investigation. The case remains unresolved, despite an independent commission hearing taking place a year and a half ago.
The club's management has denied any wrongdoing, and while awaiting a verdict, Al Mubarak is eager to finally present their side of the story.
"Let me be as consistent as I've always been – until we have a decision, I cannot say much. Once we have a decision, trust me, we will have a lovely meeting together, and I will say everything I've wanted to say for the last three years," he stated to the club's media channels.
Investors from Abu Dhabi acquired the club in 2008, leading it to unprecedented success. Under their ownership, City has secured eight Premier League titles, a Champions League trophy, four FA Cups, and seven League Cups. The club's value has multiplied significantly, with Al Mubarak stating that owner Sheikh Mansour bin Zayed Al Nahyan values it at approximately ten billion dollars and has no intention of selling.
"When he looks at this club, he sees it as a long-term investment. If you were to sell it on the market today, you wouldn't sell it for less than $10 billion. Of course, His Highness has no intention of selling this business. He intends to continue developing it, as the belief is that it will only grow.
It's football and entertainment. In the world we live in today, while the world is changing and people's attention is drawn to other things, sport remains – and football is the pinnacle of sport. Manchester City and this group, in the football world, are at the pinnacle. Such jewels are not for sale," AFP quoted him as saying.