Prediction markets price in Man City’s Champions League odds despite scandal

Despite the September 25 ruling finding the Manchester City football – or soccer – club guilty of 114 out of the 115 initial charges for violating UEFA’s Financial Fair Play (FFP) and the Premier League’s Profit and Sustainability (PSR) rules, cryptocurrency traders appear completely unfazed by the development. Specifically, Polymarket’s ‘UEFA Champions League: 2027 Champion’ prediction market with more than $50 million in volume had the club at 9% odds of victory since late August, with only minor and temporary shifts recorded early in September.