Man City appeal guilty verdict in Premier League breaches case
Key Points:
- Manchester City has lodged a comprehensive appeal against the Premier League's ruling that found the club guilty of breaching financial rules by inflating revenues and reducing costs by £900 million between 2009 and 2018 through "sham" commercial deals.
- The club insists the verdict is "unsafe" and denies all accusations, claiming there are multiple errors in law, principle, and fact in the commission's opinion and asserting they have irrefutable evidence supporting their innocence.
- The Premier League has urged for a swift conclusion to the appeal process following the independent commission's findings.
- City CEO Ferran Soriano refuted the central accusation that the club's owners secretly funneled personal money via Abu Dhabi sponsors, stating this claim is false and part of the Premier League's case.
- Part of City's appeal may argue that the contested funds originated from the Abu Dhabi government rather than the Abu Dhabi United Group (ADUG), potentially challenging the notion of City as a privately-owned club since the 2008 takeover.