**CLUB STATEMENT**

CITY have issued the following statement from Chief Executive David McNally in response to a story in the News of the World today (Sunday, January 24), claiming the Club could go into administration by Thursday and has called in financial experts Ernst Young and KPMG as potential administrators:

"The story in the News of the World is completely untrue. As far as the Club is concerned we consider the story is defamatory and accordingly we have placed the matter in the hands of our solicitors, and will be pursuing for damages."

Posted By: Klobo04, Jan 24, 14:08:22