Man City accused by Premier League of “numerous financial rule violations.”
Premier League accused Manchester City of “numerous breaches” of financial regulations after four years of investigation.
Throughout nine seasons, it’s alleges that the English champions violated financial laws. They allegedly did not provide accurate financial information, though.
The club’s financial information is available, including sponsorship revenue and operational costs.
Martyn Ziegler claims that if the violations are proven, several penalties, such as a points deduction or even expulsion from the league, are possible.
The EPL statement
“Per Premier League Rule W.82.1, the Premier League confirms that it has today referred several alleged violations of the Premier League Rules by Manchester City Football Club (Club) to a Commission under Premier League Rule W.3.4,” reads a statement from the league.
“The Premier League and its member clubs do not influence over commissions. According to Premier League Rules W.19, W.20, and W.26, The Chair will choose the Commission members of the Premier League Judicial Panel in unbiased manner.
“According to Premier League Rule W.82, the Commission’s proceedings will be kept confidential and heard on camera. The Commission will post its ultimate decision on the Premier League website by Premier League Rule W.82.2.
“According to Premier League Rule W.82.1, this confirmation has been made. Until further notice, the Premier League will not comment on this situation again.”
According to The Daily Mail, Man City plans to ‘robustly’ defend themselves from the Premier League accusations.
The Court of Arbitration for Sport overturned Man City’s two-year ban from European club competitions in 2020 after UEFA determined that the Blues had violated Financial Fair Play rules between 2012 and 2016.
Since the wealthy acquisition by the Abu Dhabi United Group in 2008, Pep Guardiola’s team has won six Premier League league titles and eight league championships.