Contents (30 sections)SummaryHeadline conclusionsThe document and the proceedingsWhat has been publishedScale of the proceedingsThe Club’s procedural attacks failedFindings, Charge by ChargeThe Disguised Funding SchemeOrigins and motiveMechanicsQuantificationThe CPC ExplanationThe May 2013 episodeThe other devices and the aggregate misstatementProject Longbow and the Fordham ArrangementThe remuneration arrangementsAggregate misstatement identified in the Core DecisionConsequences for regulatory complianceUEFA break-even (Charge … Continue reading Premier League v Manchester City Analysis of the Independent Commission’s Core Decision (Redacted) The Disguised Funding Scheme, the Fordham Arrangement, remuneration devices and non-cooperation: findings, quantification, and implications for the league, the Independent Football Regulator, clubs and counterparties