Enron one of the largest bankruptcy cases in US historyLa Liga alleges City distort EU’s internal marketManchester City have been accused of an Enron-style financial deception by La Liga’s president, Javier Tebas.Tebas said the Spanish league filed a complaint against City to the European Commission in the summer of 2023, which he says the Commission is investigating. City have not commented on Tebas’s allegations but club sources are aware of them, and strongly refute them. Continue reading...
La Liga president Javier Tebas accused Manchester City of financial deception, likening it to the Enron scandal, alleging the club hides expenses through companies outside City Football Group. Tebas claims these tactics distort the EU market, with Manchester City using related firms in the UAE to inflate their balance sheet. The club denies the allegations, and the European Commission is investigating. Additionally, Manchester City faces Premier League charges for over 100 rule breaches, which they refute.
