GOLAZONEWSManchester City Under Regulator Inquiry, Allan Transfer Details Requested
- An audit regulator is making inquiries into Manchester City's financial accounts.
- No formal investigation has been initiated regarding the club's accounting practices.
- Palmeiras must provide details of Allan's transfer to Manchester City for a legal case.
An audit regulator is currently making inquiries into the accounting practices of Manchester City. While the regulator is looking into the case, a formal investigation has not yet commenced.
Separately, details surrounding the transfer of Allan to Manchester City have been requested by a court in Brazil. Palmeiras, Allan's former club, is required to present contracts and other specifics of the player's sale to the English club. This request stems from a lawsuit filed in 2020 by M&F Investimentos e Participações S/A against Figueirense. Palmeiras is not a defendant in this legal action and is not facing any accusations. The club's involvement is due to Figueirense's entitlement to a 10% share of the transfer fee from the negotiation, as they held a percentage of Allan's economic rights.