Timeline: Man City’s Premier League financial charges to reported verdict
After years of investigations and hearings, Manchester City have been found guilty of almost all of the 115 alleged breaches of the Premier League’s financial fair play rules, according to reports on…
After years of investigations and hearings, Manchester City have been found guilty of almost all of the 115 alleged breaches of the Premier League’s financial fair play rules, according to reports on Friday.
Below is a timeline of Manchester City’s Premier League financial rules case – from the charges brought in February 2023 to the reported verdict on Friday.
The Premier League refers City to an independent commission over more than 100 alleged breaches of financial rules.
City were alleged to have committed multiple financial breaches such as failing to provide accurate financial information, Financial Fair Play breaches, failure to cooperate with investigations, breaching profitability and sustainability regulations and failure to report contracts.
City manager Pep Guardiola says the club have already been “condemned” after being charged by the Premier League.
“It’s the same as what happened after UEFA [charges] , these are just charges. With UEFA, the club proved it was completely innocent. We are lucky we live in a marvellous country where everyone is innocent until proven guilty,” Guardiola said.
In fact, while CAS found that some alleged breaches of overstating sponsorship revenue were not established, other allegations were “time-barred” because they fell outside the five-year statutory limit for prosecution.
CAS also ruled that City showed a “blatant disregard” and “severe” failure to cooperate with UEFA’s investigators.
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