Premier League confirms Man City guilty of all charges over financial breaches
The commission said the club inflated revenues by more than £900 million and concealed finances from regulators during a nine-season scheme.
- An independent commission found Manchester City guilty of all charges related to financial rule breaches between 2009 and 2018, confirming the club systematically violated Premier League regulations for nearly a decade.
- Disguised funding schemes and 'sham' commercial deals inflated revenue and reduced costs by more than £900 million, the commission found, allowing City to appear compliant with financial rules.
- The commission proved three of four charges regarding the club's failure to cooperate, citing 'concerted efforts to halt and derail the league's investigation' and a 'sham' arrangement with Fordham.
- Premier League chief Richard Masters called the decision 'the most important in the history of the Premier League,' emphasizing the ruling confirms systematic rule breaches over the decade.
- With sanctions yet to be decided, City has until Friday, October 2, to appeal the verdict, which confirmed reports British newspapers had published two days earlier.
44 Articles
44 Articles
Manchester City bombshell verdict finds club hid over £900m in secret funding
The Premier League has published damning details of the long-awaited verdict in the Manchester City case, which found the club cooked the books to the tune of nearly £1bn for almost a decade. An Independent Commission said that City used “sham” schemes to artificially inflate revenue and reduce costs by more than £900m during the [...]
Manchester City is guilty of all 115 of the financial violations contested. To announce it with an official note was the Premier League, which has then specified also that the Manchester club is guilty also of the majority (three out of four) of the accusations related to the lack of collaboration with the investigation of the League in this regard. [...] The article Earthquake in Premier League: Manchester City guilty of all 115 the financial v…
BREAKING: Premier League releases statement, confirms Man City guilty of all charges
The Premier League has released an official statement confirming that Manchester City have been found guilty of breaching the competitions’ financial rules over a nine-season period. It noted that most of the charges are in relation to its failure to co-operate with the League’s investigation. The independent commission found that between seasons 2009/10 and 2017/18: […] BREAKING: Premier League releases statement, confirms Man City guilty of al…
London, Sep 29 (EFE).- The Premier League confirmed this Tuesday that Manchester City is guilty of almost all the financial irregularities he was accused of in February 2023. The entry Manchester City, guilty of financial irregularities was first published in HolaNews.
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