After a four-year investigation into sponsors and contracts, Manchester City is charged with repeatedly breaching the Premier League's financial rules and could have points deducted from their account.
As reported by The Times and The Sunday Times, Manchester City has been hit with more than 100 charges of breaching financial rules by the Premier League over a nine-year period. Possible sanctions if found proven include points deductions or even expulsion from the league.
The Premier League has filed charges against Manchester City for various financial rule violations. In the wake of a four-year inquiry concerning sponsors and contracts, the current champions have been charged.
According to the allegations, the violations occurred between September 2009 and the end of the 2017–18 season. It implies that Pep Guardiola's team could lose points, which would be devastating to their chances of defending their title.
Man City won three Premier League championships, an FA Cup, and three Carabao Cups between the specified dates.
The team was previously barred from the Champions League and fined £25 million when it was discovered that they had badly misled the regulatory body of European football, UEFA, and violated financial fair play regulations.
The court of arbitration for sport subsequently lifted this and decreased the club's sentence to £9 million. At the time, the panel stated that City had engaged in "obstruction of the investigations" and displayed a "disregard" for the rule that clubs must comply with governing body inquiries.
The CAS concluded that "Most of the claimed breaches were either not established or time-barred" in response to the CFCB adjudicatory chamber's key judgment that City's Abu Dhabi ownership had misrepresented its own funding as independent sponsorship by the state's commercial enterprises.
If the Premier League should carry on with the proposed punishment on Manchester City that means their local rivals Manchester United will move to second place on the Premier League table.
The Citizens under Pep Guardiola this season are sitted second five points behind league leaders Arsenal, they failed to capitalize on the Gunners 1-0 loss to Everton to breach the gap between them as they lost 1-0 to Tottenham following Harry Kane's record breaking first half goal. Manchester United are three points behind them
Post a Comment