Man City accused of breaching Premier League financial rules
Manchester City has been accused of numerous breaches of the Premier League's financial regulations between 2009-18
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Manchester City was accused by the Premier League on Monday of breaching a slew of financial rules from 2009-18, during which the club became a force in English and European soccer following its takeover by Abu Dhabi’s ruling family.
The league released a long statement detailing a list of alleged breaches of regulations by City after a four-year investigation, covering a period when the team won three Premier League titles — in 2012, 2014 and 2018.
City is accused of failing to provide “accurate financial information that gives a true and fair view of the club’s financial position” between 2009-18 or give “full details of manager remuneration in its relevant contracts” from 2009-13.
Other alleged offenses include failure to comply with UEFA regulations from 2013-18, Premier League profitability and sustainability rules from 2015-18 and to assist with the league's investigation from December 2018 to the present day.
The league said it has referred the breaches to an independent commission ahead of a confidential hearing.
City could be at risk of severe punishment. The Premier League’s rule book gives a disciplinary commission powers to impose a range of sanctions plus the wider scope of “such other penalty as it shall think fit.”
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports