Manchester City Found Guilty of All Premier League Financial Charges
Manchester City are found guilty of financial rule breaches spanning nine seasons after an independent commission examined the club's finances.
Manchester City has been found guilty of serious breaches of the Premier League's financial rules spanning nine seasons, according to an independent commission. The club is accused of using schemes to conceal the true state of its finances, resulting in breaches of both Premier League and UEFA spending limits. The commission found that City arranged sham contracts with commercial partners, submitted misstated accounts, and concealed the true state of the club's finances from auditors and football regulators.
The Premier League ruled that City violated financial rules during the 2009-10 to 2017-18 seasons. Richard Masters, the Premier League's chief executive, stated that the commission's decision establishes the facts of what happened at Manchester City during this period. The club has announced it will appeal the findings, arguing that the decision contains "clear material errors, of law, principle and fact." Manchester City's appeal will be considered in appropriate regulatory and legal forums.
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