SportsThe Premier League denounces Manchester City for breaking financing rules for nine...

    The Premier League denounces Manchester City for breaking financing rules for nine seasons

    The seriousness of the accusation has forced it to be made public. The Premier League, in accordance with the provisions of its regulations, has revealed this Monday, in a concise public statement, that it has denounced Manchester City before an independent commission of investigation for alleged breach of the league’s financing regulations for nine seasons consecutive (2009/10 to 2017/18).

    The organization has detailed the list of offenses that constitute its accusation. Specifically, it points out that during all this time, City would not have “provided, in good faith, accurate financial information that provides a true and balanced view of the club’s financial position, specifically with respect to its income (including income by sponsorship), their participations and their operating costs.

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    The Premier also points out that the club would not have provided reliable information on the remuneration and contract of its coach, in the course of the 2009/10 and 2012/13 seasons. During that time, the team was led by Roberto Mancini. Pep Guardiola joined in 2016. Regarding the six seasons that span from 2010/11 to 2015/16, the accusations against the City management focus on remuneration and player contracts. Finally, regarding the period between 2013/14 and 2017/18, the Premier points out infringements by the club regarding the regulations of Financial Fair Play (Financial Fair Play) imposed by UEFA. Manchester City has belonged to the Abu Dhabi United Group since 2008.

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    The commission that will carry out the investigation is independent in nature, according to the Premier’s own regulations, and is made up of three experts. They are appointed by the Presidency of the Judicial Panel of the Premier League, and their sessions and processes are confidential and private.

    In 2020, the Court of Arbitration for Sport already revoked a sanction that kept the club away from European competition for two years, after UEFA detected “serious breaches” by City regarding the rules of “financial fair play”.

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    [Noticia de ultima hora. Habra actualizacion en breve]

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    Source: EL PAIS

    This post is posted by Awutar staff members. Awutar is a global multimedia website. Our Email: [email protected]


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