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Premier League confirms Man City guilty of all charges over financial breaches
The commission said the club used sham sponsorships and hidden owner funding to inflate revenue by more than 900 million pounds over nine seasons.
- An independent commission ruled Manchester City guilty of financial rule breaches across nine seasons yesterday, confirming the club used "sham" commercial deals to misstate accounts by more than £900 million.
- Following leaked emails in 2018, the Premier League initiated an investigation that led to over 100 charges in February 2023 alleging the club concealed its true financial state from auditors and regulators.
- "Project Longbow" allowed the club to record lower operating expenses by funneling Abu Dhabi United Group funds through "sham" contracts, while witnesses intentionally provided "false" testimony to the commission.
- Manchester City plans to appeal by Friday, October 2, claiming the opinion contains "clear material errors," while the commission prepares a separate hearing to determine sanctions.
- Potential sanctions range from fines to expulsion from the Premier League, while rival clubs contemplate compensation lawsuits for competitive harm caused by the club's conduct.
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From fears for Man City's existence to unwavering support, fans are conflicted by ruling
Manchester City fans are still processing Tuesday’s ruling that the most dominant Premier League team in recent times had, in fact, been found guilty of systematic financial breaches for nearly a decade to help boost its unprecedented era of success.…
Coverage Details
Total News Sources668
Leaning Left99Leaning Right75Center128Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 33%
C 42%
R 25%
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