Manchester City charged by Premier League with numerous alleged breaches of financial rules; Premier League has referred the case to an independent commission; Man City are the reigning champions but find themselves second in the table, five points behind Arsenal
Manchester City have been charged by the Premier League with numerous alleged breaches of financial rules.
The alleged breaches span a period from the 2009-10 season to the 2017-18 campaign.
The club are alleged to have breached league rules requiring provision “in utmost good faith” of “accurate financial information that gives a true and fair view of the club’s financial position”.
The league says the accurate financial information required related to “revenue (including sponsorship revenue), its related parties and its operating costs”.
The second set of breaches listed refers to alleged breaking of rules “requiring a member club to include full details of manager remuneration in its relevant contracts with its manager” related to seasons 2009-10 to 2012-13 inclusive.
The club’s manager between December 2009 and May 2013 was current Italy boss Roberto Mancini.
The second set of alleged breaches also refers to requirements for a club to include full details of player remuneration within the relevant contracts, for the seasons 2010-11 to 2015-16 inclusive.
In 2020, Man City had a two-year ban from European football overturned by the Court of Arbitration for Sport (CAS), after being handed a suspension by UEFA’s club financial control body (CFCB) in February 2020 for “serious breaches” of club licensing and financial fair play regulations.
