The football world continues to hold its collective breath as Manchester City’s Financial Fair Play saga drags on like a never-ending soap opera. But while Pep Guardiola’s side maintains their confident facade, Liverpool and other Premier League clubs are quietly sharpening their legal knives, ready to carve out some serious compensation if City gets found guilty of their alleged financial shenanigans
Let’s be honest here – the whole situation has become more twisted than a Christopher Nolan movie. City faces over 130 charges (because apparently 115 wasn’t dramatic enough) related to alleged financial misconduct between 2009 and 2018. Yet here we are, still waiting for a verdict that’s been “coming soon” longer than Half-Life
Here’s where things get interesting, and frankly, a bit ruthless. Liverpool, those masters of the moral high ground, are apparently treating this entire mess like a high-stakes poker game. According to football finance expert Kieran Maguire, the Reds are more than willing to absorb hefty legal bills now if it means potentially cashing in big later.
“As far as Liverpool are concerned, the legal bill is the cost of doing business,” Maguire revealed. “They see themselves as one of the clubs who will have been significantly disadvantaged should Man City be found guilty.”
Translation? Liverpool is basically saying, “We’ll spend £5 million now to potentially win £50 million later.” It’s like buying a lottery ticket, except the odds might actually be in their favor this time.
The Everton-Leeds United settlement has set a delicious precedent that has rival clubs salivating like Pavlov’s dogs. Everton was forced to compensate Leeds for lost revenue after their own points deduction fiasco. Now imagine that scenario, but multiply it by every club that might have missed out on Champions League spots, title challenges, or prize money because of City’s alleged rule-breaking.
Liverpool’s owners, FSG, aren’t exactly known for throwing money around recklessly (just ask any fan begging for new signings). But when it comes to potentially recouping massive losses from what they see as City’s unfair advantages? Suddenly, the checkbook opens faster than a Black Friday sale.
Let’s paint the picture here. During City’s alleged period of financial misconduct (2009-2018), Liverpool finished runners-up to City in the 2013-14 and 2018-19 Premier League seasons. That’s two potential title wins that slipped through their fingers by the narrowest of margins. In 2013-14, they lost the title by just two points. In 2018-19? A single point separated them from glory.
Each Premier League title comes with massive financial rewards – not just the immediate prize money, but the prestige, commercial deals, and Champions League seeding that follows. If City was allegedly cooking the books to fund their success, Liverpool has a legitimate beef that could be worth tens of millions.
But it’s not just about titles. Missing out on Champions League qualification even once can cost a club £50-100 million in revenue. Over nearly a decade of alleged infractions, those numbers start looking astronomical.
Here’s a fun fact that’ll make your wallet weep: Premier League clubs have racked up over £100 million in legal bills since City was first charged in February 2023. That’s right – every Premier League club is essentially funding this legal circus, splitting the costs equally among all 20 teams.
For a self-sustaining club like Liverpool, these expenses sting more than others. Unlike City or Chelsea, the Reds can’t just conjure money from thin air (allegedly). Every pound spent on lawyers is a pound not spent on players, facilities, or lowering ticket prices for fans.
The irony is delicious – Liverpool is paying for the privilege of potentially suing City for millions. It’s like funding your own revenge plot, except the revenge might actually pay dividends.
Throughout this entire ordeal, Manchester City has maintained the confidence of a student who definitely didn’t cheat but somehow aced every test. They’ve consistently denied all wrongdoing and, according to Maguire, the “noises from Manchester are very confident.”
But here’s the thing about confidence – it doesn’t make you innocent, just louder. City’s legal team might be putting on a brave face, but facing 130+ charges isn’t exactly a position of strength. When you’re fighting allegations of providing false financial information and failing to cooperate with investigations, confidence only gets you so far.
The independent panel wrapped up hearings in late 2024, and we’re still waiting for a verdict, like it’s the final season of a canceled TV show. Initially expected in March, then pushed to summer, now we’re looking at potentially October for any resolution.
Premier League CEO Richard Masters summed up everyone’s frustration perfectly: “Legal processes rarely take less time than anticipated. We have to be patient.” Thanks, Richard. That’s about as helpful as telling someone stuck in traffic to “just relax.”
If City gets found guilty and Liverpool successfully claims compensation, it could fundamentally change how the club operates. Suddenly, FSG might have an extra £50-100 million to play with – money that could fund several marquee signings or stadium improvements.
But let’s not get ahead of ourselves. This is still a massive “if.” City could walk away scot-free, leaving Liverpool with nothing but legal bills and wounded pride. Or the punishment could be so severe that compensation becomes secondary to watching their rivals get relegated.
Either way, Liverpool has calculated that this gamble is worth taking. They’re playing chess while others play checkers, positioning themselves for a potential payday that could dwarf any transfer fee.
The beautiful game has never been more about the ugly business of money, and Liverpool is making sure they get their fair share – one way or another.
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