Man City charged by Premier League for breaching numerous financial rules; points deduction not off the table

for Tv47 Digital February 06, 2023, 03:51 PM
Man City charged by Premier League for breaching financial rules
Manchester City players during a 2022/23 Premier League match at the Etihad Stadium. PHOTO/COURTESY

In Summary

  • Among the breaches the Premier League says Manchester City have breached are in respect of each of seasons 2009/10 to 2017/18.

  • Man City is accused of not providing accurate financial information that gives a true and fair view of the club's financial position, in particular with respect to its revenue (including sponsorship revenue).

Manchester City have been charged by the Premier League for breaching numerous financial rules.

In statement on Monday, February 6 afternoon, the Premier League confirmed that it has referred the case to an independent commission.

Among the breaches the Premier League says the reigning champions have breached are in respect of each of seasons 2009/10 to 2017/18. Man City is accused of not providing accurate financial information that gives a true and fair view of the club's financial position, in particular with respect to its revenue (including sponsorship revenue).

In the second set of alleged breaches, Man City is accused of not including the full details of manager remuneration in its relevant contracts with its manager related to seasons 2009 to 2012/13.

The third set of alleged breaches are related to Seasons 2013/14 to 2017/18, with the Premier League accusing Man City of breaching its rules that require a member club to comply with UEFA's regulations, including UEFA’s Club Licensing and Financial Fair Play Regulations.

With regards to the fourth set of breaches, the Premier League accused Man City of breaching rules related to profitability and sustainability in Seasons 2015/16 to 2017/18.

Finally, the club are alleged to have breached Premier League rules requiring a member club to "cooperate with, and assist, the Premier League in its investigations, including by providing documents and information to the Premier League in the utmost good faith." This breach was allegedly committed from December 2018 to date.

The members of the independent commission will be appointed by the independent Chair of the Premier League Judicial Panel.

"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 wrote on its website.

According to Sky Sports, some of the punishments Man City can get if found guilty include; suspension from playing league matches, points deductions, recommend to the board that league matches be replayed, order compensation just to name but a few.

Man City responds

"Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with.

"The Club welcomes the review of this matter by an independent Commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position.

"As such we look forward to this matter being put to rest once and for all."

- Advertisement -

- Advertisement -

Comment below

Latest Stories

Recommended Stories