Liverpool Owner's 2011 Post About Man City Looks Interesting Now After Guilty Verdict

· GiveMeSport

John W. Henry's tweet is going viral again after City were found guilty of all financial charges brought against them by the Premier League.

Manchester City have officially been found guilty of all financial breaches brought against them by the Premier League.

The Premier League released a statement on Tuesday evening confirming that the Citizens broke 115 financial rules between seasons 2009/10 and 2017/18.

It didn't take long for City to react to the news. They said in a statement:

> "Manchester City FC is both disappointed and surprised by the opinion of the Premier League Commission, that has been published today. The Club is innocent of the accusations made by the Premier League and a comprehensive body of irrefutable evidence exists in support of all of its positions, relating to this case.

> "The Club will therefore be relentless, and where necessary proactive, in any and all appropriate regulatory and legal forums."

Some high profile names in the footballing sphere have long suspected Man City of breaching financial rules, way before official investigations began.

Back in 2011, City announced a record-breaking £400m sponsorship deal with Etihad Airways. The 10-year deal, worth £40m-per-year, far exceeded Arsenal's 2004 arrangement with Emirates, which was valued at £90m over 15 years.

Arsene Wenger called for UEFA to investigate City following the deal. He said, per the Guardian:

> "It raises the real question about the credibility of the financial fair play. That is what this is all about. They give us the message that they can get around it by doing what they want. It means financial fair play will not come in. It is as simple as that. I can understand how they do it but it raises the real question. The difficulty and the credibility of the financial fair play is at stake.

> "Plus, if the financial fair play is to have a chance, the sponsorship has to be at the market price. It cannot be doubled, tripled or quadrupled because that means it is better that we don't do it and we leave everybody free. That can be defended as well, but if they bring the rules in they have to be respected."

City hit back at Wenger in a statement. They wrote:

> "The financial details of the comprehensive agreement announced last week between Manchester City and Etihad Airways remain confidential and figures being speculated about are not accurate.

> "Manchester City is a proactive member of the European Clubs Association and is working actively and with transparency with regard to financial fair play. In light of these facts, recent comments about the partnership by some observers are unfounded and regrettable."

Interestingly, Liverpool owner John W. Henry got involved in the controversy. The American businessman, who took over Liverpool a year earlier in 2010, sided with Wenger.

He said in a post that is now going viral again:

> "A club's best player has to be worth at least 10% of your naming rights. Mr. Wenger says boldly what everyone thinks."

15 years on from Wenger and Henry's comments and Man City now find themselves in very hot water. They have until Friday, October 2, to submit an appeal.

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