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Everton’s former chief Keith Wyness has insisted the £210million Man City cash injection “means nothing” and is just “housekeeping”., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – claimed the development is not a sign of a “new investor or minority partner coming in”.submission on 28 August confirmed City Football Group – the owners of Man City – have issued £210million of A Preference Shares.
The Abu Dhabi United Group owns 78.7 per cent of CFG and founded the multi-club group after buying the English club in 2008. City have been embroiled in a fight with the Premier League since last year , when they were charged with 115 breaches of financial rules.“It means nothing, really. “It will help with the PSR issues, it will help clear debt. It’s just a bit of housekeeping, so there’s nothing major to look at in that transaction.
Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.“This will be just tidying up the books to a degree.
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