Man City CEO defiant over Premier League charges
Manchester City chief executive Ferran Soriano has issued a defiant message to the executives of other teams about the club being found guilty of a majority of Premier League charges, BBC Sport has been told. He was speaking at a board meeting of European Football Clubs (formerly the ECA) in Copenhagen before its general assembly […]
Ferran Soriano, CEO of Manchester City, has defiantly addressed other Premier League executives after the club was found guilty of a majority of 115 charges, according to BBC Sport. This message came during a board meeting of European Football Clubs in Copenhagen before the club's general assembly. Soriano, speaking at the meeting, vowed to fight the charges, emphasizing that the legal process is lengthy and still far from completion.
He echoed the sentiments of club chairman Khaldoon Al Mubarak, who said in a letter to fans that the club's innocence would be proven and that the process had a long way to go. City's charges centered around claims of inflating sponsorship revenue from connected companies and making "off the books" payments to circumvent financial regulations.
The league's investigations began in 2018, and Manchester United's Jean-Claude Blanc and Everton's Dan Friedkin attended the meeting. City will appeal the verdict, and sanctions are yet to be announced, potentially including a points deduction, expulsion from the top flight, or a hefty fine. The Premier League has declined to comment, while City released a statement stating that the legal process is ongoing and subject to strict confidentiality.
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- Man City CEO Defiant over Premier League Charges thisdaylive.com