Man City found guilty of majority of 115 charges by Premier League
Man City strongly maintain their innocence and claim to have ‘a comprehensive body of irrefutable evidence’ to defend themselves, but an independent commission has found them guilty of ‘sham contracts’ and misleading accounts
Manchester City has been found guilty by an independent commission of the majority of 115 charges related to breaches of the Premier League's financial rules over a nine-season period from 2009 to 2018. The commission ruled that the current leaders of the Premier League had arranged "sham contracts" for their commercial partners and relied on these agreements to artificially inflate the club's revenues and reduce its costs.
The club has been accused of not acting in "utmost good faith" and failing to provide a "true and fair view of the Club's financial position." While sanctions have yet to be decided, Manchester City has stated that they will pursue the appeal avenues open to them, citing clear material errors in the opinion.
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- Manchester City found guilty in Premier League's biggest scandal abc.net.au
- Man City found guilty of all charges sports.yahoo.com
