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Manchester City found guilty of overstating revenue by £854.5 million, understated expenses

Manchester City overstated its revenue by £854.5 million and understated its expenses by a further £66.2 million over a nine-year period, according to findings from an independent commission examining the Premier League’s financial charges against the club. The post Manchester City found guilty of overstating revenue by £854.5 million, understated expenses appeared first on Nairametrics .

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Stellantis to halt four French plants for several days amid parts shortages

The Italian-French-American carmaker has fallen victim to strong demand for electric vehicles, particularly from business customers.

  • Stellantis halts production at four French plants in October due to battery shortages.
  • Sochaux plant in eastern France stops from October 23rd to 30th.
  • Rennes plant closes from October 22nd to 30th as part of capacity and supply issues.

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