Man City found guilty of all charges
The Premier League has confirmed that Manchester City have been found guilty of all charges related to breaches of Premier League financial rules between 2009-10 and 2017-18. In a statement on its website, the Premier League said an independent commission has found City entered into "sham" contracts and agreements to "inflate the club's revenue and reduce its costs". City were found to have…
Manchester City has been found guilty of all charges related to financial rule breaches between 2009-10 and 2017-18, according to the Premier League. The independent commission determined that the club engaged in fraudulent contracts and agreements to manipulate revenue and cut costs. City was also accused of misrepresenting its accounts and concealing the true financial state.
The club has until Friday to appeal the decision. Premier League chief executive Richard Masters emphasized that the case establishes the facts of City's systematic rule-breaking over nearly a decade and vindicates the League's pursuit of the case. The disciplinary proceedings are the most significant in Premier League history, with the outcome yet to be determined, including the appropriate sanction for the breaches.
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