Manchester City Charged with Breaking Premier League Financial Fair Play Rules!
Manchester City Charged with Breaking Premier League Financial Fair Play Rules! The Cityzens will have to wait for their fate to be decided.
Manchester City Charged with Breaking Premier League Financial Fair Play Rules! The Cityzens will have to wait for their fate to be decided.
Premier League champions Manchester City have been charged with breaking the Financial Fair Play rules of the league. These charges run over 10 years back.
According to the Premier League, there are several rules which were broken by the club, dating back to the 2009/2010 season until the 2017/2018 season. If found guilty, they will have to surrender the league titles won in 2012, 2014 and 2018.
“Man City have been charged with breaking the Premier League’s financial fair play rules around 100 times over a nine-year period, which starts in 2009 and goes on until 2018,” Sky Sports News’ chief reporter Kaveh Solhekol spoke.
“The Premier League’s financial fair play rules are designed to ensure clubs pretty much spend what they earn. You can get round that potentially by inflating how much you’re earning or hiding how much you are spending.
“According to the Premier League, Man City allegedly broke the rules over nine seasons. They didn’t provide accurate financial information.
“Allegedly they did not fully disclose the financial remunerations that were made to one of their managers over a four-year period. That is the suggestion that there was a secret contract so one of the managers was getting paid much more than officially stated.
“They also allege that Man City didn’t comply with UEFA’s financial fair play rules over a five-year period. They also allege that Man City have not fully co-operated with the Premier League’s investigation.
“This is a very serious matter for Man City.”
The club have since claimed to be shocked and surprised at these allegations.