Etihad Airways are reportedly preparing to float their business on the stock exchange which could have a major impact on the Premier League's investigation into Manchester City
Manchester City's sponsors, Etihad Airways, are reportedly planning to go public on the stock exchange - and it could be a game-changer for the Blues as they face 115 Financial Fair Play charges from the Premier League.
"The club welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position. As such we look forward to this matter being put to rest once and for all." Etihad would also have an obligation to disclose any ongoing investigation into the company's accounts or conduct before the IPO was launched.
CAS ruled that any suggestion of a conspiracy involving executives of both City and Etihad, as well as high-ranking Abu Dhabi officials and even members of the country's Royal family was beyond the realms of possibility almost four years ago when they overturned a two-year Champions League ban levied against the club by UEFA for failing to meet FFP regulations. City's owner, Sheikh Mansour, sent a letter during the appeal process to support the appeal.
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