The Premier League is charging Manchester City with alleged breaches of financial rules
Manchester City have been referred to an independent commission over more than 100 alleged breaches of Premier League financial rules.
The violations span from the 2009-10 season to the 2017-18 season, the league said. City, the defending champions, were acquired by their Abu Dhabi-based owner, City Football Group, in 2008.
If the allegations are proven, City faces a series of sanctions such as point deductions, fines or even exclusion from the Premier League.
The league says the club broke rules around providing financial information, including on sponsorship revenue and operating expenses.
The charges stem from a Premier League investigation into City’s financial dealings, launched four years ago, months after the release of a tranche of confidential documents obtained and released by the German publication The mirror.
City were subsequently banned from the Champions League for two years by European governing body UEFA, but successfully appealed to the Court of Arbitration for Sport, which overturned the ban in 2020.
UEFA fined the club €30m ($46.7m), later reduced to €10m by the Court of Arbitration for Sport.
City are accused by the Premier League of not fully disclosing manager pay in each of the seasons from 2009/10 to 2012/13 when Roberto Mancini was manager.
https://www.smh.com.au/sport/soccer/premier-league-charges-manchester-city-over-alleged-financial-rule-breaches-20230206-p5ciec.html?ref=rss&utm_medium=rss&utm_source=rss_sport The Premier League is charging Manchester City with alleged breaches of financial rules