As the head of Spain's La Liga claimed Uefa may be reluctant to take action against City and Paris St-Germain for allegedly flouting Financial Fair Play rules because of a "conflict of interest", City were facing another wave of damaging allegations on Wednesday.
Ahead of Manchester City's Champions League tie against Shakhtar Donetsk tomorrow, Pep Guardiola was asked about the allegations that the club falsified their books to allow extra investment from the owner.
"Believe me, I'm completely honest, I don't know what happened, I'm a manager, focused on the pitch, and the locker room".
And while the club have given only a short response to the allegations to date, on Tuesday boss Pep Guardiola insisted City's success is not exclusively down to the money they have spent.
"We work every day but the reality is that we don't start matches well, but if we don't start well and we end well, that's fine".
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Der Spiegel also reports that City owner Sheikh Mansour provided monetary supplements to existing deals with sponsors in Abu Dhabi, where he is part of the royal family, to invest more money into the club.
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When the initial deal was signed in October 2015, both Guardiola and City made no public comment on the agreement.
And it says that in 2014 the clubs negotiated with Fifa president Gianni Infantino, who was then general secretary of European football's governing body Uefa, to agree reduced punishments.
David Frommer, spokesman for the European Club Association, said the organisation had "full trust in UEFA's organs of control in holding clubs to account".
The three letters, FFP, have always hung over Manchester City ever since Sheikh Mansour took over the club in 2008, with the rich Arab pumping billions into the Premier League side to transform them into the all-dominating side we see today.
"We will need to fight this", Soriano wrote, according to the magazine, "and do it in a way that is not visible, or we will be pointed out as the global enemies of football". It was supposedly used as a vehicle to disguise payments to players for the right to use their image in marketing campaigns.
Despite City's denials there have been growing calls for Uefa to investigate possible wrongdoing, including from the Spanish league. When auditors PricewaterhouseCoopers later reviewed the Fordham deal on behalf of UEFA, it was concluded that it was a "very good deal for MCFC", not least because the auditors couldn't figure out how Fordham expected to make any money on the deal for themselves.