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Monday, May 27, 2024

Manchester City Charged By Premier League For Numerous Breaches Of Financial Rules

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Manchester City has been referred to an independent commission by the Premier League over alleged breaches of its financial rules.

The alleged breaches span a period from the 2009-10 season to the 2017-18 Premier League campaign.

The charges relate to financial information regarding revenue, details of manager and player remuneration, UEFA regulations, profitability, and sustainability and cooperation on with Premier League investigations.

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The Premier League said in a statement;

“In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today [February 6 2023] 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.

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“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.”

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