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Man City CEO Tells EFC Board Club Will Clear Their Name
Soriano told EFC delegates no sanction has been announced as City deny wrongdoing and prepare an appeal over alleged Premier League breaches.
On Monday, Manchester City chief executive Ferran Soriano addressed the European Football Clubs board in Copenhagen, insisting that no decision had been made public in the club's financial case.
Reports confirmed on Friday that City were found guilty of 114 of 115 alleged Premier League breaches, centering on claims the club inflated sponsorship revenue and made "off the books" payments.
Soriano warned the legal procedure could take years to conclude, reiterating a "defiant" commitment to fight the charges that Chairman Khaldoon Al Mubarak expressed to fans on Saturday.
These developments provide a backdrop to Tuesday's EFC General Assembly, where 500 of the 850 members will gather to discuss governance and regulation in world football.
UEFA President Aleksander Ceferin and FIFA Secretary General Mattias Grafstrom are expected to attend, as governance questions dominate discussions about how major decisions are taken across world football.
Manchester City CEO Ferran Soriano tells a football summit in Copenhagen that it will take much longer before a verdict is reached in the case involving the club's 115 breaches of Premier League financial rules, The Times reports.
Director General Manchester City Ferran Soriano stated that the club intended to clear its full name in the case of alleged violations of the APL financial rules.