Banks Turn Down Manchester City Transfer Loans Amid Premier League Investigation

Major European banks have started scaling back their cooperation with Manchester City when it comes to funding player transfers. According to Bloomberg, the primary driving force behind the decision is the ongoing proceedings into potential Premier League rule breaches.

Financial institutions like these traditionally provided loans and bank guarantees against future transfer installments. The decision to cut ties with the Cityzens means the club will find it vastly more difficult to spread massive transfer fees for new signings over several years—a standard practice among Europe's elite clubs.

Unless the situation resolves itself soon, the reigning English champions will have to fund all upcoming deals strictly out of their own cash reserves. For EA SPORTS FC 27 Career Mode players, this is a clear hint: building an unrestricted dream team with Man City in real life might become a lot harder very soon.

Source: Sports.ru