Manchester City have had a cash injection of £210m but there s nothing to see here as the champions do battle with the Premier League over their 115 alleged breaches of financial fair play.
City face a points deduction and even possible expulsion from the Premier League for the supposed breaches and their case will be heard by an independent commission later this year.
A Companies House submission on 28 August confirmed City Football Group (CFG) – the owners of Man City – have issued £210million of A Preference Shares.
Keith Wyness, the former Everton CEO who now runs a football consultancy advising elite clubs, responded to the influx of cash and , insisting it s not a sign of a new investor.
Wyness told Football Insider: It means nothing, really.…