Manchester City found guilty in Premier League's biggest scandal
Manchester City is found guilty of arranging "sham" contracts as part of financial breaches that helped it dominate the sport, in what has become the biggest scandal in Premier League history.
English football club Manchester City has been found guilty by an independent panel for arranging sham contracts in financial breaches that helped it dominate the Premier League, marking the biggest scandal in the league's history. The club is accused of financial wrongdoing amounting to over $1.7 billion, including submitting inflated figures for sponsorship deals in Abu Dhabi.
Manchester City executives have consistently denied any wrongdoing and are planning to appeal the verdict. The Premier League, which initiated the case more than three years ago, found the club guilty of over 115 charges spanning a nine-year period, from 2009 to 2018. The league's chief executive, Richard Masters, stated that the ruling demonstrated City had systematically broken Premier League rules for nearly a decade.
The sanctions for the club remain to be decided in a separate hearing by the independent commission. City has vowed to fight the decision and plans to appeal by the deadline set by the Premier League. The ruling comes after it was revealed that the charges against City were likely to be upheld following a thorough process. The allegations against City first surfaced in 2018 from leaked club emails and documents, with the club accused of various financial violations during a period when it transformed itself into a global superpower, winning multiple Premier League titles and the Champions League.
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- Man City found guilty of majority of 115 charges by Premier League sports.yahoo.com
