Manchester City charged by Premier League Board
The Premier League has accused Manchester City, of breaking its financial rules following a long-running investigation.
It has referred the club to a commission over alleged breaches between the 2009-10 and 2017-18 seasons.
In 2020 City had a two-year ban from European club competitions overturned by the Court of Arbitration for Sport (Cas), after Uefa ruled that City committed “serious breaches” of Financial Fair Play (FFP) regulations between 2012 and 2016.
In a statement the Premier League said City breached rules requiring them to provide “accurate financial information that gives a true and fair view of the club’s financial position”.
This information included the club’s revenue, including sponsorship revenue and operating costs.
Further breaches related to rules requiring full details of “manager remuneration”
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These were related to the 2009-10 to 2012-13 seasons, when Roberto Mancini was in charge.
Last season City won their sixth Premier League title since the 2008 takeover by the Abu Dhabi United Group.
“This confirmation 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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Following a four-year investigation, Premier League giants Manchester City have been charged with a series of breaches of financial rules.
The story was broken by Times (UK) journalist Martyn Ziegler who claims that a range of sanctions possible facing the Etihad Stadium club could include a points deductions if breaches are proved.
Since being taken over by the Abu Dhabi group in 2008, Manchester City have become one of football’s powerhouses thanks to considerable financial investment.
The arrival of the Gulf based owners heralded a new era of unprecedented success with the club winning six Premier League titles since the takeover.