Man City guilty of 'sham' contracts and misleading accounts

The Premier League has announced that Manchester City has been found guilty of all charges related to breaches of Premier League financial rules from 2009 to 2017. An independent Commission determined that during this time, the club engaged in "sham contracts" with commercial partners and relied on fraudulent agreements to inflate revenue and cut costs.

The majority of charges stemmed from City's lack of cooperation in the investigation. The redacted report detailed over 100 alleged individual breaches across four categories, with the club found guilty of all charges except one related to non-cooperation. Richard Masters, the Premier League's chief executive, stated that the core decision establishes the facts of Manchester City's systematic rule-breaking over nearly a decade, vindicating the League's pursuit of the case.

The League emphasized its responsibility to uphold the integrity of the competition and ensure fairness for all clubs and fans.