Premier League confirms Man City guilty of all charges over financial breaches
The commission said City used sham sponsorship deals to inflate revenue by more than £900 million and would have breached spending limits by a wide margin.
- 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.
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What was spent by the English club between 2009 and 2018 is consistent with inflated income in the same period plus sales income. Learn more: Manchester City inflated its revenue by more than 1 billion: the Premier pleads him guilty to all charges
The APL leadership has proven the guilt of Manchester City by exposing large-scale schemes with fraudulent sponsorship and contract agreements.
The Premier League found Manchester City guilty of "serious" financial offences, in the order of one billion euros. The sanctions could be extremely severe.
It is one of the biggest scandals in English football. Manchester City is found guilty of violations of financial rules. Now there are severe penalties. The clubs are stunned.
Manchester City Found Guilty of All Premier League Financial Charges, Faces Appeal Deadline | ⚽ LatestLY
Manchester City has been found guilty of all charges related to serious breaches of Premier League financial rules over a nine-season period (2009/10-2017/18), manipulating accounts with over £900 million in 'sham' contracts. The club also obstructed the investigation and now faces severe sanctions, potentially including expulsion. ⚽ Manchester City Found Guilty of All Premier League Financial Charges, Faces Appeal Deadline.
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