Man City sponsor Etihad Airways slams Premier League, seeking legal advice
Etihad Airways is seeking legal advice after the Premier League accused Manchester City of using 'sham' commercial contracts to inflate revenue. The airline denies any involvement in improper financial arrangements and criticized the league for a lack of transparency during the investigation.
Why it matters
This dispute highlights the complex intersection of sports governance, corporate sponsorship, and international financial regulation.
Football Premier League Man City sponsor Etihad Airways slams Premier League, seeking legal advice Man City sponsor Etihad Airways slams Premier League, seeking legal advice Reuters General view of the Etihad Stadium Action Images via Reuters / Lee Smith Abu Dhabi-based airline Etihad Airways said on Wednesday it was seeking legal advice on its options after criticising the Premier League’s handling of an independent commission's findings against Manchester City.
The Premier League said on Tuesday that City had used "sham" commercial contracts as part of schemes to inflate revenue and understate costs by more than £900 million ($1.2 billion) over nearly a decade.
Etihad, City's principal sponsor since 2009, said it "categorically rejects any finding, conclusion or implication" that it was involved in improper commercial arrangements.
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