this post was submitted on 15 Nov 2023
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Check the LinkedIn profiles of these odd sponsorship companies City gets its money from.
Shell companies
Do you have any examples? I looked at the MCFC sponsor page and none seemed off (other than WeWork).
I could see how some of them might involve ‘laundering’ but that would apply to any club, e.g. overpayment on services for that company whilst receiving sponsorship, but I assume that that’s at least against sponsorship rules, if not illegal, and would apply to any club anyway.
Here is a story that explains the situation with 8xBet where the 'CEO' is caught in lies about the validity of the company. Online images of employees were traced back to modelling agencies in London.
They accepted money from a Crypto site called 3Key and then it wasn't until an external investigation showed that none of their executives actually existed anywhere online before they cancelled the sponsorship.
Here is a financial prepaid debit card sponsor that gave City over £500k per year for a few years despite only activating 145 cards in the history of their company.
Either City's owners are thick as shit accepting money from everybody or they are cheating. And I don't think they're thick as shit.
One came up on here once, the CEO photo was a stock image, the company all but didn't exist. They're cheats.
Do you know what it was called?