The Sunday Supplement panel debate whether Manchester City are playing fair after they were named as one of the clubs under scrutiny by UEFA in relation to Financial Fair Play regulations.
UEFA continues to investigate Manchester City, Paris Saint-Germain and an unspecified number of other European clubs over potential breaches. There is no suggestion that City have yet been found guilty of breaching rules and Jonathan Northcroft says that it is a complicated issue.
“In essence you are allowed losses of £37 million over two seasons,” explained the Sunday Times man on The Supplement.
“City have posted losses of £149 million so that immediately seems to be a breach there. But City are arguing that they have written-off a lot of this money because it is a training ground debt and you are allowed to invest in structure of your club.
“They are also saying that their accounts are going in the right direction because they lost a lot less this year than they did they year before.
“What UEFA are going to try and look at I think, is where some of their income has come from. In City's accounts they claim £47 million from selling the image rights of players to other companies and also selling the intellectual property of things like Manchester City ladies. UEFA's rules are that any income has to be fair income and can't just be a way of disguising money from your owners.
“There are a lot of complicated details but what has come through is that when you spoke to City earlier in the season, they were not that worries about financial fair play - I think they looked at PSG in France and thought that they were worse than us.
“UEFA have surprised a few people by saying that they are going to investigate all these clubs. Manchester City and PSG will become the examples; the test cases as to whether UEFA mean it or not.”
Click on the video above for more discussion on the Financial Fair Play regulations