The Japan Times - Man City's meteoric rise clouded by financial scandal

EUR -
AED 4.169175
AFN 73.790831
ALL 91.928625
AMD 411.899437
ANG 2.032496
AOA 1042.151286
ARS 1731.14143
AUD 1.632653
AWG 2.043434
AZN 1.923655
BAM 1.955371
BBD 2.287608
BDT 139.649374
BGN 1.911111
BHD 0.428206
BIF 3405.668122
BMD 1.135241
BND 1.450163
BOB 13.668822
BRL 5.880438
BSD 1.135756
BTN 108.861126
BWP 16.00028
BYN 3.418205
BYR 22250.724318
BZD 2.284299
CAD 1.61202
CDF 2622.406595
CHF 0.948165
CLF 0.027978
CLP 1104.975275
CNY 7.609918
CNH 7.616208
COP 3769.011594
CRC 518.788512
CUC 1.135241
CUP 27.259022
CVE 110.240824
CZK 24.431239
DJF 202.255644
DKK 7.47584
DOP 67.534297
DZD 151.880252
EGP 58.96666
ERN 17.028616
ETB 185.522614
FJD 2.547708
FKP 0.859367
GBP 0.855126
GEL 2.957358
GGP 0.859367
GHS 13.293909
GIP 0.859367
GMD 83.471708
GNF 9988.80941
GTQ 8.677097
GYD 237.637885
HKD 8.907992
HNL 30.491447
HRK 7.532886
HTG 148.647401
HUF 366.216253
IDR 20336.70793
ILS 3.489334
IMP 0.859367
INR 108.865359
IQD 1487.854048
IRR 1922862.7468
ISK 136.989832
JEP 0.859367
JMD 179.75058
JOD 0.80493
JPY 178.446317
KES 147.195516
KGS 99.275352
KHR 4605.929041
KMF 493.829604
KPW 1021.717294
KRW 1539.296293
KWD 0.350528
KYD 0.94648
KZT 499.590438
LAK 25492.409402
LBP 101708.550984
LKR 375.317691
LRD 194.788998
LSL 18.601621
LTL 3.352071
LVL 0.686696
LYD 7.264407
MAD 11.017187
MDL 20.165311
MGA 4988.905911
MKD 61.556771
MMK 2383.552436
MNT 4085.925936
MOP 9.180268
MRU 45.488024
MUR 54.218985
MVR 17.539495
MWK 1969.364024
MXN 20.449653
MYR 4.63281
MZN 72.553482
NAD 18.601702
NGN 1506.930127
NIO 41.800833
NOK 10.894647
NPR 174.177802
NZD 2.011823
OMR 0.4365
PAB 1.135751
PEN 3.910043
PGK 5.140827
PHP 71.299996
PKR 314.641798
PLN 4.362998
PYG 6644.542822
QAR 4.140592
RON 5.271833
RSD 117.551974
RUB 94.789249
RWF 1677.010066
SAR 4.263413
SBD 9.11899
SCR 15.749263
SDG 682.843899
SEK 11.340104
SGD 1.450367
SHP 0.858048
SLE 27.984027
SLL 23805.4277
SOS 649.049085
SRD 42.709471
STD 23497.197415
STN 24.494736
SVC 9.937821
SYP 14760.404247
SZL 18.591923
THB 38.132177
TJS 10.460606
TMT 3.984696
TND 3.368161
TOP 2.733388
TRY 55.646717
TTD 7.705344
TWD 36.172157
TZS 2997.039714
UAH 50.734727
UGX 4452.043256
USD 1.135241
UYU 45.760166
UZS 13436.053414
VES 974.024378
VND 29473.127792
VUV 135.103088
WST 3.142938
XAF 655.957
XAG 0.018813
XAU 0.000272852831
XCD 3.068045
XCG 2.046951
XDR 0.802674
XOF 655.957
XPF 119.331742
YER 268.369733
ZAR 18.631689
ZMK 10218.532086
ZMW 22.204837
ZWL 365.547151
SSP 6485.168749
MXV 2.314856
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Man City's meteoric rise clouded by financial scandal
Man City's meteoric rise clouded by financial scandal / Photo: Oli SCARFF - AFP/File

Man City's meteoric rise clouded by financial scandal

Manchester City enjoyed a meteoric rise from mid-table mediocrity to Premier League domination, but their golden era could be forever tarnished after they were found guilty of scores of financial rule breaches.

Text size:

Eighteen years after a takeover by the Abu Dhabi United Group injected vast sums of money, the club are unrecognisable from what they once were.

Before winning the FA Cup final against Stoke in 2011, City had been without a major trophy for 35 years, cowering in the shadow of neighbours Manchester United.

In their 128-year history before the takeover, City had won just nine major trophies, being crowned champions of England only twice.

The balance of power in Manchester briefly shifted in the late 1960s and early 1970s, when City won the league title and celebrated success in the FA Cup, League Cup and European Cup Winners' Cup.

But they fell back into obscurity and stayed there for decades.

City's lowest point came with two relegations in three seasons in the late 1990s, plunging the club into the third tier for the first time.

Still backed by crowds regularly in excess of 30,000, they quickly found their way back to the Premier League.

But they failed to make an impact until Sheikh Mansour bin Zayed al-Nahyan, vice-president and deputy prime minister of the United Arab Emirates, bought the club, leading to a seismic shift in the balance of power locally and nationally.

- 'Noisy neighbours' -

United's former manager Alex Ferguson once dismissed his new challengers as "noisy neighbours" as the trophies continued to roll in at Old Trafford.

But City did not waste time in flashing their newfound wealth, even if it took some time for the on-pitch success to follow.

Robinho's arrival from Real Madrid in the final hours of the 2008 summer transfer window was the first of a flurry of superstar signings, and City enjoyed local bragging rights by snatching Carlos Tevez from United the following year.

It was the arrivals of Yaya Toure, David Silva and Sergio Aguero that built the bedrock of City's first title-winning side in 44 years.

In the most dramatic finale to a Premier League season, Aguero scored a 94th-minute goal to beat Queens Park Rangers on the final day of the 2011/12 campaign, snatching the title from United's grasp.

That sparked a run of eight Premier League titles in 13 seasons.

Roberto Mancini and Manuel Pellegrini were both title winners in Manchester but the arrival of Pep Guardiola in 2016 took City to a different level.

The Spaniard had spent just four years in charge of his beloved Barcelona, before leaving, citing exhaustion, after winning three La Liga titles and the Champions League twice.

He subsequently spent three seasons at Bayern Munich after taking a sabbatical.

But City, against many pundits' expectations, managed to persuade Guardiola to extend his stay for a decade.

He rewarded them by overseeing arguably the most impressive period of sustained success in English football history, with six English top-flight titles in seven seasons between 2017/18 and 2023/24, including an unprecedented four in a row.

Europe was finally conquered in 2023 as City matched United's previously unique achievement as the only English side to win the Champions League, Premier League and FA Cup in the same season.

In recent years the financial charges, first announced in 2023, have cast a shadow over the Etihad, even as trophies have continued to stack up.

The club continue to deny any wrongdoing and have vowed to appeal after the Premier League announced the findings of an independent commission on Tuesday.

One man who continues to give his full-throated support to City is Guardiola, who left the Etihad in May.

The former manager said on X that he would always be behind the club.

"Let me be clear: we will get through this together. I love you all," he posted on Wednesday.

City are fighting tooth and nail and may yet win their appeal.

But if they do not succeed in overturning the verdict of the commission, their golden age will forever carry an asterisk.

Y.Hara--JT