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Manchester City found guilty of 114 financial rule breaches

Summarised from 2 outlets · Updated 21 Oct, 20:32 · Archive

Manchester City has been found guilty of 114 out of 115 Premier League financial rule breaches.

An independent commission found Manchester City guilty of 114 of the 115 charges brought against them for breaching Premier League financial rules and reporting requirements between 2009 and 2018. The club stands accused of orchestrating 'sham' agreements to conceal direct owner funding of more than £800million and actively obstructing the investigation.

Manchester City has vehemently denied all allegations, claiming to hold 'irrefutable evidence' that their revenues and contracts were legitimate. The club is now appealing the guilty verdict.

Should the appeal prove unsuccessful, the punishments City could face range from a substantial points deduction to a hefty fine or even expulsion from the Premier League. Reports suggest the Premier League Appeal Board's findings may not be delivered until January. The rest of the Premier League is watching the case closely, particularly Newcastle United, which has faced its own scrutiny over financial compliance in recent years.

Manchester City found guilty of 114 financial rule breaches
Image: ChronicleLive

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In this story: Manchester City · Premier League · Newcastle United

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