Premier League says Etihad‑backed Manchester City used £830 m as disguised owner funding
Etihad Airways has been a sponsor of Manchester City since 2009, and the Premier League concluded that the club used about £830 million (roughly €960 million) as owner money disguised as sponsorship between 2009 and 2018.
Manchester City says the sponsorship money came from the Abu Dhabi state, while the Premier League attributes it to the Abu Dhabi United Group, the club’s owner; Etihad stated in 2015 that the sponsorship was fully financed from the airline’s own funds and not by the state, and the club now faces possible sanctions ranging from fines to point deductions or exclusion from the league.