Manchester City Found Guilty on Almost All Financial Breach Charges
The club is expected to appeal the ruling.
Manchester City has been found guilty by the Premier League of 114 out of 115 charges filed against it for alleged breaches of the league's financial regulations, according to The Athletic's David Ornstein. The league's investigation into City's financial practices between 2009 and 2018 found that the club had provided misleading financial records that did not accurately reflect its financial position.
Specific allegations included presenting money allegedly from its ownership group as independent sponsorship revenue, failing to disclose payments to players and managers beyond their official salaries, and not adhering to UEFA's financial fair play regulations. Manchester City has stated it will appeal the verdict and has yet to determine its punishment.
The Premier League and City have declined to comment on the allegations, citing ongoing proceedings.
Written by urgent.news from Front Office Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
