Man City Guilty Verdict Could Impact Transfers as Banks 'Shy Away' From Lending
4 Articles
4 Articles
Man City guilty verdict could impact transfers as banks 'shy away' from lending
Manchester City are nervously awaiting the outcome of their appeal after being found guilty of flouting the Premier League's financial rules, but they are already experiencing impacts
Banks pull back from Man City transfer deals with financial sanctions looming
Banks are becoming reluctant to finance transfer deals involving Manchester City as uncertainty grows over the potential consequences of the club’s financial rules case with the Premier League. According to Bloomberg, several lenders that ordinarily provide financing to clubs selling players to City are holding back until the extent of any punishment becomes clearer. The […]
When the lenders blink: Manchester City, transfer finance & the first market price of sanction (credit Bloomberg)risk
Bloomberg reports that banks are holding back from financing deals linked to Manchester City's transfers. What the first market pricing of sanction risk means for City's creditors, football's concentrated lender base and the Independent Football Regulator.
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