The United Arab Emirates has warned the British government that ‘severe punishment’ for Manchester City could damage the wider bilateral relationship and jeopardize billions in future investment. According to The Telegraph, a private investment being sought for the Oxford–Cambridge Growth Corridor is among the potential projects that would be reconsidered by Abu Dhabi.
The warning follows one of the biggest scandals in the Premier League’s recent history, as an independent investigative commission found Manchester City guilty of committing 114 of 115 alleged breaches, including all serious financial charges covering nine seasons from 2009–10 to 2017–18.
According to the commission’s report, published on 29 September, City used ‘sham’ commercial arrangements to inflate revenues and conceal costs, presenting a misleading picture of its finances and thus…