UAE threatens to pull investments from UK over Man City ruling
Summary
Manchester City were found guilty by an independent commission of breaching the Premier League's financial rules (on all 115 charges according to the Evening Standard and the Liverpool Echo, on the majority of them according to The Independent) and have lodged an appeal. Prime Minister Andy Burnham said it would be wrong to 'leap to judgment', said he would be 'really concerned' if the club's owners looked to sell it, and vowed to resist potential talks with the UAE government over the appeal. Etihad Airways, City's main sponsor since 2009, said it was seeking legal advice against the Premier League, and Emirati officials warned that the verdict would 'have an influence on the bilateral relationship', with reports that the UAE threatened to halt billions of pounds of investment in the UK. On 6 October, Jamie Carragher called for a multi-year punishment for the club.
Latest: Jamie Carragher called for a multi-year punishment for Manchester City following their guilty verdict.
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How it unfolded
Tuesday 6 October
Jamie Carragher called for a multi-year punishment for Manchester City following their guilty verdict.
- 15:43Evening StandardJamie Carragher calls for damning Man City punishment after guilty verdict
- 05:13The IndependentJamie Carragher demands multi-year punishment for Man City after guilty verdict
Saturday 3 October
The UAE warned it would halt billions of pounds of UK investment after the Manchester City guilty verdict, Emirati officials saying it would 'have an influence on the bilateral relationship'.
Friday 2 October
The UAE told Andy Burnham that 'billions' would be pulled out of the UK over the Manchester City charges, the Manchester Evening News reported.
- 18:33The IndependentUAE ‘threatens to pull billions of investments from UK in rebellion against Man City ruling’
- 16:52Manchester Evening NewsUAE tell Andy Burnham ‘billions’ will be pulled out of the UK in threat over Man City charges
Thursday 1 October
Etihad Airways, Manchester City's main sponsor since 2009, said it was seeking legal advice against the Premier League, saying it had not been contacted during the investigation.
Wednesday 30 September
Manchester City were found guilty of breaching the Premier League's financial rules, and Andy Burnham said it would be wrong to 'leap to judgment' while vowing to resist potential talks with the UAE government over the appeal.
- 15:52Liverpool EchoAndy Burnham admits Man City sale fears after guilty verdict - 'Be really concerned'
- 13:01The IndependentBurnham vows to resist potential talks with UAE government over Man City verdict appeal
- 12:26Manchester Evening NewsGreater Manchester Police issue statement on Man City guilty verdict as Andy Burnham speaks out