Football regulator has ‘absolute power’ to force club owners to sell, says Kogan
David Kogan said the regulator can order an owner out under the Football Governance Act 2025 if they fail ownership tests.
- On Wednesday, Independent Football Regulator chair David Kogan stated the watchdog holds "absolute power" to force Manchester City's owners to sell if investigations confirm the club was run improperly.
- Man City was found guilty of 114 breaches of Premier League financial rules, including "sham" commercial arrangements to inflate revenues by over $1.2 billion across nine seasons.
- Unlike the Premier League, the regulator focuses on individual conduct, with Kogan stating, "We would judge against the tests of ownership and senior directors and executives."
- With Man City having lodged an appeal, Kogan noted it is "premature to talk about any action" until the legal process concludes and questions are answered.
- Kogan confirmed that legislation does not preclude state-backed takeovers involving a "Norwegian sovereign fund," though he pledged to resign if political interference occurs in any investigation.
36 Articles
36 Articles
David Kogan, president of the IFR, will wait for the outcome of the appeal before deciding whether to investigate the owners of the club for their management. More information: The Intrahistory of the Manchester City Earthquake: Panic in Offices, Stars Looking for Exit and Maresca Shield
The hustle and bustle around Manchester City is not diminishing. The repeated English champion is threatened with unimaginable consequences in the financial scandal.
Manchester City owner Sheikh Mansour is facing the prospect of having to sell the English football club for breaching financial rules, the chairman of the Independent Football League (IFL) David Kogan has confirmed.
It is unclear how Manchester City will continue in the course of the financial scandal. A forced descent is a realistic scenario. In the end, however, there could be a huge bang.
Coverage Details
Bias Distribution
- 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
