Football regulator has ‘absolute power’ to force club owners to sell, says Kogan
David Kogan said the regulator can order owners out if clubs are run improperly, as City await the outcome of their appeal.
- 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.
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Football regulator to address EFL clubs as quest for deal goes on
The head of English football’s watchdog will address the 72 clubs below the top flight on Thursday as the quest for a financial redistribution deal with the Premier League continues. المصدر: skynews business The post Football regulator to address EFL clubs as quest for deal goes on appeared first on khbrknews.
[Sports Chosun Reporter Park Sang-kyung] The possibility has been raised that the owner of Manchester City, who evaded financial regulations through over 100 instances of accounting fraud, could be forcibly replaced. The British daily newspaper The Guardian reported on the 21st (Korean time) that "Independent Football Regulation Authority (IFR) Chairman David Kogan mentioned the possibility of a forced sale of Man City's ownership." On that day,…
Taipei Times
Free Malaysia Today NewsRegulator has ‘power’ to force Man City sale
The English Independent Football Regulator (IFR) would have “absolute power” to force Manchester City’s owners to sell if they are found to have run the club improperly, the watchdog’s chairman has said. English Premier League leaders City have been found guilty of more than 100 charges of breaking
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