In a statement released Monday, the Premier League accused Manchester City of more than 100 finance rule violations and referred the team to an independent investigation. The city is accused of providing inaccurate financial information to the Premier League from 2009-10 to 2017-18.
Manchester City is accused of financial misconduct by the Premier League
City also allegedly violated UEFA’s financial fair play (FFP) laws from 2013-14 to 2017-18. The Premier League’s profit and sustainability standards from 2015-16 to 2017-18. If convicted, City could be suspended, fined, or docked points. Since The Abu Dhabi United Group bought City in 2008, the club has won six Premier League titles, two FA Cups, six EFL Cups. Also, finished runner-up in the Champions League in 2021.
A world-class all-star team helped attain that success. City is accused of providing inaccurate financial information to the Premier League from 2009-10 to 2017-18. 2020 saw City barred from European football for two seasons for “severe breaches” of club license and FFP criteria. The Court of Arbitration for Sport (CAS) overturned the ban. But concluded that City had failed to comply with UEFA and cut the sentence from 30 million euros ($34 million) to 10 million euros ($11.3 million).
In a statementon Monday, the club said: “Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules. Particularly given the extensive engagement. And vast amount of detailed materials that the EPL has been provided with.
“The Club welcomes the review of this matter by an independent Commission. It was to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position.
“As such we look forward to this matter being put to rest once and for all.”
