Darragh MacAnthony – Chairman of Peterborough – has now shared why he thinks Manchester City will win the case against financial breaches.
The 47-year-old made the comments when speaking on The Hard Truth podcast.
So, what did Darragh MacAnthony say about Manchester City? Let’s take a look…
What Darragh MacAnthony said about Manchester City
Well, the Irishman praised Manchester City for the amount of money raised from academy sales, and claimed that the Citizens “are not mugs” when it comes to balancing finances, despite the club’s obvious wealth.
MacAnthony said: “In defence of Man City, they have sold academy players for the last six or seven years (for big fees). They have raised millions through selling players. You look at the players who have come through that academy, even though they didn’t make (much) money on Sancho when he went to Germany, they got the sell on (clause).
“Cole Palmer to Chelsea too. So, as much as everyone is coming for Man City, Man City are not mugs, and I would imagine they’re going to win that (case).”
MacAnthony makes a good point.
Academy sales go down as pure profit in regards to Financial Fair Play, so these sales have surely done wonders for the club’s finances.
Manchester City have made a fortune through City Football Academy sales
The £14m sale of Romeo Lavia and the £12m received from selling Gavin Bazunu – both to Southampton – was surely a huge boost for Manchester City.
The Saints also handed Manchester City £15m for another academy product in Shea Charles, as well as £6m for Samuel Edozie.
As MacAntony mentions, Chelsea also sold Palmer to Chelsea, which brought in a sum of £42.5m on transfer deadline day back in September.
Add that to the millions raised through prize money after winning a historic treble last season, and Manchester City’s incoming funds surely look very healthy.
