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Former Man City Defender Micah Richards ‘Absolutely Devastated’ by Verdict
The club denied wrongdoing and said it will appeal after the commission found sham contracts concealed more than £830 million in funding.
On Tuesday, the Premier League announced an independent commission found Manchester City guilty of financial rule breaches between 2009-10 and 2017-18, including failure to co-operate with its investigation.
Investigators discovered a scheme exceeding £830m involving 'sham contracts' to disguise secret funding; Manchester City denies all wrongdoing and claims the opinion contains 'clear material errors of law, principle and fact.'
City chief executive Ferran Soriano claimed in a video message that 'irrefutable evidence' had been 'ignored' by the commission, while former Manchester City defender Micah Richards said he felt 'absolutely devastated' by the findings.
Former Manchester United captain Roy Keane stated that if he were a player, he would '100 per cent' discard his medals, while Jamie Carragher suggested City titles should be removed from their list.
Manchester City must submit an appeal by October 2, stating the club 'diligently respected due process for eight years,' though potential legal proceedings could extend uncertainty across the Premier League for years.