Manchester City charges: Premier League confirms club guilty of all charges related to financial rule breaches
BBC • • sports
Key Points:
- The Premier League found Manchester City guilty of breaching financial rules between 2009-10 and 2017-18 by arranging "sham contracts" with commercial partners to disguise secret funding exceeding £830 million.
- An independent commission concluded that the club used fake agreements to artificially inflate revenues and reduce costs, allowing them to avoid recording what would have been the largest single-season loss in Premier League history.
- Manchester City denies any wrongdoing, but the Premier League confirmed the club was guilty of all charges except one related to non-cooperation with the investigation.
- The Premier League will hold a separate, confidential hearing to determine sanctions, and Manchester City has until October 2 to appeal the findings.
- Culture Secretary Lisa Nandy described the report as "incredibly stark," highlighting serious concerns for both Manchester City supporters and Premier League football fans in general.
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