NewzManchester City have been found guilty on 114 of the 115 charges relating to breaches of Premier League financial regulations. MANCHESTER, England (AP) — Manchester City plans to fight the Premier League for months if found guilty of alleged financial breaches in potentially the biggest scandal in English soccer history.Reports Friday said an independent panel had upheld nearly all of the 100-plus financial charges against the club in a case that was initiated more than three years ago.City did not confirm the decision, saying its case with the Premier League was “ongoing” and yet to be completed.City, however, would appeal a guilty decision and the process would take several months, a person with knowledge of the situation told The Associated Press.The person spoke on condition of anonymity to respect confidentiality elements of the process.The Athletic first reported that City has been found guilty of all but one of more than 100 charges laid by the Premier League, which accused the club in February 2023 of providing misleading information about its finances over a nine-year period from 2009-18. The report said the sanctions have not been decided and all possibilities remain open.The BBC also reported the story.In response, City said in a statement: “The Premier League process remains ongoing, with significant elements to be completed, and subject to strict confidentiality.”City added that its position “remains consistent” with previous comments about the case.
The club has always denied the charges.“The club has diligently respected due process for eight years,” City said, “on the basis that the Premier League board and executive would behave as an independent, impartial and fair-minded regulator, free from partisan influence.”City’s punishment could be a huge points deduction, and as extreme as expulsion from the Premier League.When contacted by The Associated Press on Friday, the Premier League said it couldn’t comment on the reports.City has always protested its innocence after supposed leaked emails and documents, likely hacked, were published starting in 2018 by German magazine Der Spiegel. The documents allegedly showed City tried to mask the source of revenue from deals tied to Abu Dhabi, whose ruling family bought the club in 2008 and has overseen the spending of hundreds of millions of dollars on some of the world’s best players over the following two decades.City has been the most dominant team in England over the last 15 years, winning eight Premier League titles sinc… Dominant soccer team set to appeal after independent commission determines that it failed to provide accurate financial info of payments to players and coaches The post UAE-owned Manchester City found guilty for breaching Premier League financial rules appeared first on The Times of Israel.
Manchester City have been found guilty of all but one of 115 Premier League charges they face for breaching financial regulations, the Athletic reported on Friday. Man City in trouble The report added that no sanction had yet been decided and that City are set to appeal. The outcome of an independent hearing that began more than two years ago could send shock waves through English football.
The legacy of City’s trophy-laden era is on the line over accusations it had been built on financial impropriety. Man City were charged by the Premier League in 2023 following an investigation into alleged breaches between 2009 and 2018. The club, who have always denied the allegations, were accused of failing to provide accurate financial information and details of payments to players and coaches, as well as breaches of financial sustainability rules.
Under the ownership of Sheikh Mansour, whose Abu Dhabi United Group acquired the club in 2008, Man City have become the dominant force in English football. They have won eight Premier League titles, four FA Cups, seven League Cups and one Champions League in the past 15 years. The root of suspicion came from leaked documents published by German outlet Der Spiegel back in 2018.
Emails purportedly sent between top City executives showed the club had inflated sponsorship revenue from Abu Dhabi state-controlled airline Etihad and telecoms firm Etisalat by disguising direct investment from Mansour’s Abu Dhabi United Group as income. Other documents claimed to show off-the-books payments to then manager Roberto Mancini via consultancy fees from a club in Abu Dhabi. If Man City are found guilty, sanctions are likely to include a severe points deduction and possibly even expulsion from the Premier League.
Summary from source