Football just faced a massive reckoning over its own history of corporate acquisition, with a truly damning ruling landing against Manchester City. Tuesday’s verdict revealed that City created “sham” contracts to artificially boost their income by an eye-watering £900 million. This isn’t just some technicality, this is a bombshell finding about how the club was run.
The timing could not have been more wild, with the ruling hitting right in the middle of the Labour party conference, during the afterglow of Andy Burnham’s prime minister’s speech. Our writer was actually there, reading through the astonishing 40 pages of findings on their phone during a long meeting of the Socialist Campaign Group. Talk about a day for drama, with people celebrating Keir Starmer’s ousting and Burnham’s more leftwing direction all while this massive story about City broke.
This whole situation is a stark reminder that the corporate side of sports can take some seriously wrong turns.
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by The Guardian.
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