Man City accused of breaching Premier League financial rules

Manchester City has been accused of numerous breaches of the Premier League's financial regulations between 2009-18

Via AP news wire
Monday 06 February 2023 11:10 GMT
Britain Soccer Premier League
Britain Soccer Premier League (Copyright 2023 The Associated Press. All rights reserved)

Manchester City was accused by the Premier League on Monday of breaching a slew of financial rules from 2009-18, during which the club became a force in English and European soccer following its takeover by Abu Dhabi’s ruling family.

The league released a long statement detailing a list of alleged breaches of regulations by City after a four-year investigation, covering a period when the team won three Premier League titles — in 2012, 2014 and 2018.

City is accused of failing to provide “accurate financial information that gives a true and fair view of the club’s financial position” between 2009-18 or give “full details of manager remuneration in its relevant contracts” from 2009-13.

Other alleged offenses include failure to comply with UEFA regulations from 2013-18, Premier League profitability and sustainability rules from 2015-18 and to assist with the league's investigation from December 2018 to the present day.

The league said it has referred the breaches to an independent commission ahead of a confidential hearing.

City could be at risk of severe punishment. The Premier League’s rule book gives a disciplinary commission powers to impose a range of sanctions plus the wider scope of “such other penalty as it shall think fit.”

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