Paul Quinn CWTE Limited 3 October 2026 IMPORTANT NOTICE Analytical commentary for public discussion, not legal advice. All findings referred to are first-instance findings of the Independent Commission, published in redacted form […]
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
Paul Quinn CWTE Limited | theesk.org 29 September 2026 Primary source: “In the Matter of Premier League Section W Proceedings, The Football Association Premier League Limited and Manchester City Football Club Limited […]
The Analysis Series: Sovereign capital in professional sport
Prepared by Paul Quinn CWTE Limited Summary Sovereign capital has become one of the three structural forces in professional sport, alongside North American private equity and multi-club ownership. It is, however, routinely […]
The Analysis Series: Manchester City v The Premier League: The “115 Charges” case
The case: In February 2023, after a four-year investigation triggered by Der Spiegel’s November 2018 Football Leaks publications, the Premier League formally referred Manchester City to an independent commission alleging breaches of […]
The Analysis Series: Financial analysis of Manchester City Football Club: Fiscal Year 2024-25 and Post-Balance Sheet developments through April 2026
Manchester City Annual-Report-2024-25 The 2024-25 financial year represents a transformative year for Manchester City Football Club (MCFC). For the first time in nearly a decade, the club encountered a convergence of on-pitch […]