Man City appeal against explosive ruling on breaches of financial rules
No sanction has yet been decided upon but City could face substantial points deductions.
Manchester City announced on Friday their intention to appeal a recent ruling that accused the club of extensive financial rule violations within the Premier League. An independent commission had determined that the club had breached multiple financial regulations over a decade, resulting in over £900 million ($1.2 billion) in artificial revenue increases and reduced costs.
The club's denial of any wrongdoing has been steadfast, with the statement asserting that their position is supported by an overwhelming amount of evidence. If the appeal is unsuccessful, City could face severe consequences including point deductions, fines, or even potential expulsion from the top division. The Premier League has stated that an appeal board hearing will be private and confidential until the outcome is published.
Meanwhile, the English Football Association has acknowledged the significant implications of the decision for the game's integrity and is evaluating the matter. The club has reportedly planned to argue that their sponsorship deals were funded by the Abu Dhabi government, rather than the owners, in their appeal.
Written by urgent.news from The Citizen's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.