Manchester City chief executive Ferran Soriano has called for a rethink of the football pyramid to consider the inclusion of Premier League B teams, and has described the EFL’s business model as “not sustainable enough”. [2], On 1 September 2012, Soriano was appointed Manchester City F.C. The top half of the Premier League, in particular, have got such a stranglehold on youth. But Carol Shanahan, owner of League Two Port Vale, hit back at Soriano, accusing Premier League clubs like City of poaching the very best talent from lower league clubs themselves.

Ferran Soriano is an MBA and Business studies graduate at ESADE, the New York RPI and Université Catholique de Louvain of Belgium.

He speaks Catalan, Spanish, English, Italian, French and Portuguese. We're the prey. [8] In March 2014, a judge cleared Soriano of these allegations. Barcelona's revenues, during Soriano's tenure, increased from €123 million to €308m, while a €73m loss was turned into an €88m profit. This is something we needed to solve and now maybe the crisis will give us the opportunity and will nudge us to get together and solve these issues.

CEO.

Our. [7] Rosell alleged that the Manchester club tried, in an "offensive" approach, to sign players "from all levels of Barcelona's structure," and also other employees of the Catalan side. Independent Premium Comments can be posted by members of our membership scheme, Independent Premium. “They treated us very well, but in chatting to them it was obvious we come from completely different angles,” said Shanahan. City signed defenders Nathan Ake and Ruben Dias for a reported fee of over £100million combined, but Soriano said: "Ultimately, if you believe like we believe that Covid is just a period of time, and that we have to carry on with our business, then we have to carry on with our business.
In the first year and months of his tenure, Manchester City cut its losses in half.

Manchester City chief Ferran Soriano has explained their major spending this summer.. City spent around £120m on three first-team players, while … “They've just spent £65million on one player. "[9] In 2017, Rosell was jailed without bail after being accused of misappropriation of funds from the €57m signing of Neymar. ", ‘We have demonstrated that we can deliver matches safely’. And I'm not talking about Italian, Spanish or English. ", In April 2009, Soriano was elected Chairman of the Catalonia-based airline Spanair, rescued by the Catalan government from SAS with the objective of creating a hub in the Barcelona airport. Start your Independent Premium subscription today.

In January 2013, Barcelona president Sandro Rosell claimed that "Manchester City have attempted to entice a number of staff from the Camp Nou", but added "there were no fish left".

You can find our Community Guidelines in full here. The City chief claimed too many players at 17 and 18 are poached by clubs abroad and said the addition of B teams to the EFL would be one way of solving the problem. Manchester City chief executive Ferran Soriano has been accused of double standards over his proposal to let Premier League B teams join the EFL. [10], In September 2014, Soriano was found guilty in Spanair’s bankruptcy case and fined with £8.6 million.


"[5], In the same period City has bought an MLS franchise in New York to create New York City FC and an existing football club in Australia (Melbourne Heart FC) initiating the club’s expansion strategy.[6].

It allows our most engaged readers to debate the big issues, share their own experiences, discuss real-world solutions, and more. Our journalists will try to respond by joining the threads when they can to create a true meeting of independent Premium. Ferran Soriano has explained why Manchester City had to spend heavily on a new centre-back in the transfer window.. You can unsubscribe at any time. We’ll bail you out but some of you will have to become feeder clubs. He judged a person and a context without knowing anything about the people he should have dealt with. The most insightful comments on all subjects will be published daily in dedicated articles. But remember, we need to continue playing good football and if we need a central defender, we need a central defender. Please be respectful when making a comment and adhere to our Community Guidelines. That would be enough to run League Two for a season – and that's not including his wages. 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