City 'Held Secret Settlement Talks with Premier League Before Verdict
The talks centered on a financial payment as Manchester City faced more than 115 financial charges and a possible points deduction or expulsion.
- Manchester City held early-stage settlement talks with the English Premier League, but negotiations collapsed as the club maintained its innocence, according to people with knowledge of the matter.
- A Premier League-appointed commission found in late September that Manchester City artificially inflated results by more than £900 million through "sham" commercial deals funded by Abu Dhabi.
- Manchester City is appealing the commission's verdict, claiming the opinion contains "clear material errors of law, principle and fact" and asserting its innocence regarding all accusations.
- Potential sanctions range from heavy fines to expulsion from the Premier League, with a three-person appeal board expected to publish a final verdict by early February.
- The United Arab Emirates has invested more than £30 billion in British sectors, and Emirati officials warned that the ruling's severity could undermine their appetite for future grand-scale commitments.
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14 Articles
Bloomberg reveals that the talks failed before the ruling, while the club defended his innocence and sought to limit the sporting consequences of the case. Learn more: The 20 Premier League coaches respond to the Manchester City scandal: "There must be consequences"
The talks ended quickly, however, as City insisted throughout the proceedings that it was not guilty.
Bloomberg revealed secret negotiations between Manchester City and the English patrol to settle the financial issue for a large sum, before the talks broke down and the conviction was handed down, in the face of the risks of severe punishment.
Manchester City Held Settlement Talks With the Premier League
Manchester City held early-stage settlement talks with the Premier League, a move that could’ve helped mitigate the massive sanctions the team may be facing had the discussions not broken down, according to people with knowledge of the matter.
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