A report by Der Spiegel alleges that Roberto Mancini got part of his compensation at Manchester City through a fictitious consultancy contract.
The Italy CT signed with Manchester City in 2009 and remained in charge until 2013, winning the club’s first title in 44 years in 2012. He is seen as a key figure in the club’s history, but there are now shadows looming over his spell at the Etihad Stadium.
Following sanctions imposed on Chelsea owner Roman Abramovich, German paper Dier Spiegel has published an investigation over clubs and players that have allegedly received payments from governing agencies of authoritarian states and Italy coach Roberto Mancini is also involved. The CT is ‘thought to have received a significant portion of his compensation secretly by way of a fictitious consultancy contract.’
The report details the figures of the agreement between Mancini and Manchester City, attaching a copy of the contract. The Sampdoria legend was to be paid £1.4m per season, pls £4m add-ons.
However, on that same day, he also signed what appears to be a consultancy contract with Al Jazira worth £1.7m and with fees ‘to be paid to an account nominated by your company and will be paid without deduction of any taxation.’ Der Spiegel attached the signed contract and emails with Simon Pearce and the Manchester City financial department, who processed the payments.
‘Those invoices were only seemingly paid by Al Jazira: IIS would send its invoices to Manchester City, the club would wire the money to ADUG, which would then send it onward to Al Jazira before it was eventually paid to IIS,’ the report claims.
‘The system was described by a ManCity employee in July 2012, with Simon Pearce confirming the procedure from the emirate’s perspective.’
Since the sanctions imposed on Chelsea owner #Abramovich, links between English football clubs and authoritarian states have been in the spotlight. Internal documents show that #ManchesterCity has received funding from a government agency in Abu Dhabi.https://t.co/fz9tRdLlyx
— SPIEGEL English (@SPIEGEL_English) April 7, 2022
Hold on a second. This looks like money laundering. . Hold on a second. I’m trying to act surprised. UAE is going down a similar path to China in terms of money laundering and bogus companies involved in football. Except they get away with it because those involved have a lot more money than the Chinese.
How does this article have any teeth he was involved in 2013 and sanctions were recently imposed. Where is the connection. Seem like a bid of the Italian govt politicians especially to further extort people companies through its proxy the media and puppet journalist.
Money laundering and tax evasion. They never learn.
OMG, the shock. Someone being paid om the side. um, welcome to how the whole world works.
where is the surprise. everybody knows Man city is run by UAE government/ PSG Qatari
its all oil money and Man city were caught but somehow avoided any punishments from UEFA on appeal
Man City aren’t playing by the rules? Like that time they obstructed the FFP investigation into them? I am shocked.
What is surprising here is how everybody acting like they don’t know what these people are all about. They took over City, PSG etc and within 2 years they are up there contesting with the big boys who have been around for years, how do you think City and PSG get this big? by sponsorship? Next article please..
As if the UK government did not know the Abramovic money was dirty!!!! yet they ;let him buy chelsea and now they are seizing it. Man City is still standing because the UAE Sheikhs are puppets to the MI6, once they cross the line the club and their money will be seized as well. Of course same thing goes with PSG and Qatari money, wasn’t Platini kicked out of UEFA and banned from football world because of bribes received from Qatar. The most corrupt bodies in the world are UEFA and FIFA.
Nobody cares.