City Draws 30 Mil Against Future Television Revenue
Filed under: Manchester City, Mark Hughes, Money, TVUPDATE - Damn, this is just getting uglier and uglier.
Now Ukranian club Shaktar Donetsk have reported Manchester City to FIFA over the 475,ooo Pound still owed to them over the transfer last summer of Brazilian Elano.
A spokesman for FIFA said: ‘We can confirm Donetsk have lodged a claim with FIFA regarding this matter. As the relevant procedure will start in due course, we can’t provide further comments for the time being.’
Reports out of the Ukraine are suggesting City still owe 3.1 for this summer’s payment, but that check is in the mail.
Manchester City manager Mark Hughes has been given a boost in the transfer kitty market after a 30 Million Pound injection of cash as the Premiership side drew against their future television earnings.
If you’re wondering how risky this decision might be, then you’re spot on as once a club is relegated, their television earnings are depleted significantly.
From Mark Hughes’ capture from Blackburn, the failed signing of Ronaldinho, Thai owner Thaskin Sinawatra’s money and legal trouble, injuries that led to the depletion of Hughes’ offense (Benjani, Vassell, Bianchi and Bojinov all out) and a Uefa Cup loss at home to Danish side FC Midtjylland, this just keep getting worse for the baby blue of Manchester.
Wonder how long this will go before the English FA steps in?





Isn’t that how Leeds got themselves into trouble?
[…] for anyone involved with Manachester city. It was only recently that the club looked to be in a world of hurt, and that this season could end up being a very difficult one for the blue side of Manchester. […]