It seems we have a full and complete exoneration.
Initial takeaways seem to be:
CAS report | #ManCity vs UEFA:— Man City Xtra (@City_Xtra) July 28, 2020
- The Leaked emails comprise admissible evidence
- The Panel is 'not comfortably satisfied' that #MCFC disguised equity funding from HHSM and/or ADUG as sponsorship contributions from Etihad
Including perhaps most notably,
“The majority of the panel finds that Etihad sponsorship agreements are presumed to be negotiated at fair value and that MCFC, HHSM, ADUG and Etihad are considered not to be ‘related parties’.”
“There is no evidence that agreements were backdated or that MCFC otherwise retrospectively tried to cover up any alleged violations following the publication of the Leaked Emails.”
The conclusion says as much, that City were not found guilty.
That’s that right? CAS rules and we move on.
We’ll keep you updated as we learn more.