Premier League confirms Man City guilty of all charges over financial breaches
- An independent panel released findings on Tuesday, declaring Manchester City guilty of 114 of 115 charges involving financial rule breaches between 2009 and 2018.
- Investigators concluded the club operated a 'Disguised Funding Scheme,' masking owner-provided funds from Abu Dhabi United Group as commercial revenue to circumvent spending rules.
- Over nine years, the panel found Abu Dhabi sponsors paid only $158.4 million of $1.26 billion in reported income, with ADUG providing the remaining $830.69 million.
- Manchester City denied the allegations, calling the verdict 'unsafe,' and confirmed plans to appeal before Friday, October 2.
- The club now faces potential sanctions, including possible expulsion from the league; the panel described City's conduct as 'extremely serious, significant, sustained and intentional or reckless breaches.
335 Articles
335 Articles
A series of “fictional” agreements to disguise payments made to Manchester City by the Emirati owner of the club, according to researchers, reveals a maneuver to circumvent the rules of fair financial play of European football that is sophisticated and, in essence, as simple as it seems.
A four-letter word has been repeated in the Manchester City conviction for a number of times. What does it mean legally, and why does it reveal the nature of the irregularities that the club has been convicted of?
The Toronto Star
Investigators say a money trail ultimately exposed Manchester City’s financial schemes
MANCHESTER, England (AP) — A series of “sham” deals to disguise payments made to Manchester City by the club's Emirati owner, according to investigators, reveal a ploy to circumvent European
Investigators say a money trail ultimately exposed Manchester City
MANCHESTER, England (AP) — A series of “sham” deals to disguise payments made to Manchester City by the club’s Emirati owner, according to investigators, reveal a ploy to circumvent European soccer’s financial fair-play rules that is both
Eight years after the revelations of "Mediapart" and "EIC" based on Football Leaks documents, the Manchester City club was found guilty of fraud and massive financial doping, to the tune of more than one billion euros, by the Premier League, which organizes the English First Division Championship.
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