Alleged overspending, bloated sponsorship agreements and falsification of records have led to a 2-year ban for Manchester City from all UEFA club competitions. Despite a settlement agreement with the UEFA’s Club Financial Control Body (CFCB) in 2014, the club has also been fined €30m (£25m).

Writing for Henley Business School's Leading Insights, Professor Adrian Bell and PhD student Mr Mobolaji Alabi look into the Financial Fair Play regulation and its criticisms. Manchester City's annual accounts are explored from 2005-2018, including employee benefits, the cost of player acquisitions and revenue streams. Read the full piece here.