SOCCER & CRIME: If economic crimes in sport don’t matter, it doesn’t bode well when it does…
The Manchester City Football Club financial cheating scandal has rocked world soccer. Beyond the sport, it offers a window into corporate crimes and why they matter.
The Manchester City Football Club has found guilty of 114 charges related to financial cheating in the English Premier League. This scandal, which came to light through the Football Leaks in 2018, reveals how City manipulated their finances to gain an unfair advantage. Sheikh Mansour, the club's Abu Dhabi-based owner, funneled funds into the team, exceeding the Premier League's financial regulations.
Despite these alleged violations, Manchester City has claimed innocence. The club's management is accused of creating a "Disguised Funding Scheme" that obscured the true nature of their funding sources. The league has initiated a series of charges against City for these alleged violations, but the final sanctions remain to be determined.
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