Manchester City Charged With Several Financial Breaches By Premier League
6 Feb 2023
Manchester City have been charged with several breaches of financial rules by the Premier League.
In a statement the Premier League said City breached rules requiring them to provide “in utmost good faith” the “accurate financial information that gives a true and fair view of the club’s financial position”.
The statement reads: “In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred a number of alleged breaches of the Premier League Rules by Manchester City Football Club (Club) to a Commission under Premier League Rule W.3.4.,”
“Commissions are independent of the Premier League and member clubs. The members of the Commission will be appointed by the independent Chair of the Premier League Judicial Panel, in accordance with Premier League Rules W.19, W.20 and W.26.
“The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private. Under Premier League Rule W.82.2, the Commission’s final award will be published on the Premier League’s website,”
“This confirmation is made in accordance with Premier League Rule W.82.1. The Premier League will be making no further comment in respect of this matter until further notice.”
The Premier League opened their investigation in March 2019 and the charge sheet makes reference to every season from September of 2009/10 to the 2017/18 season.
The Premier League has now referred the alleged offences to an independent commission.
City were hit with a ban from European competition by UEFA in February 2020 for FFP breaches before having it overturned by the Court of Arbitration for Sport in July of the same year.
If City were to be found guilty of the new charges a range of sanctions are on the table, including a points deduction or even expulsion from the league.