Manchester City lodge appeal following guilty charges
Dubai: Manchester City have confirmed they have lodged an appeal after being found to have breached Premier League financial regulations. An independent commission ruled on Tuesday that Manchester City were guilty of all but one of the 115 charges brought against the club. According to the commission, City were found to have used ‘sham’ sponsorship agreements, provided inaccurate financial…
Manchester City has announced they have lodged an appeal following a guilty verdict from the Premier League Commission. The independent commission found the club guilty of all but one of 115 charges, including the use of "sham" sponsorship agreements, inaccurate financial accounts, and breaching spending regulations, which allegedly allowed City to artificially inflate revenue and reduce costs by over £900 million between 2009 and 2018.
Despite these accusations, Manchester City has consistently denied any wrongdoing and has until Friday, October 2, to submit their appeal. The club stated that their opinion contains "clear material errors, of law, principle and fact" and that they are innocent of the accusations made by the Premier League. They will continue to respect due process and are restricted in their ability to provide further statements until all proceedings are complete.
The club's chairman expressed confidence in proving the club's innocence after 114 guilty charges, while the CEO emphasized that the fight with the Premier League is far from over.
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