Google News Manchester City defends itself from charges
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Manchester City allegedly violated league rules which require accurate financial information to be provided in good faith, giving a true and fair view of the club's financial position. There are over 100 charges for financial crimes against Manchester City and could lead, if convicted, to the exclusion of the reigning champions from the Premier League.
City are accused of multiple infractions, from the failure to transparently disclose salary costs to non-compliance with UEFA fair play and the violation of profit and sustainability rules. According to the BBC, and the independent commission called to judge him will find him guilty, the club risks from a heavy fine to a penalty up to exclusion from the Premier League.
City were banned from UEFA competition for two years by European football's governing body for alleged breaches of its FFP regulations in February 2020, but the penalty was overturned by the Court of Arbitration for Sport in July that year.
The second set of violations listed relates to the alleged violation of rules requiring a member club to include full details of the manager's remuneration in their relevant contracts with their manager" covering the 2009-10 to 2012-13 seasons inclusive.
The second set of alleged infringements also relate to requirements for a club to include full details of players' remuneration within the related contracts, covering the seasons 2010-11 to 2015-16 inclusive The third section concerns alleged breaches of Premier League rules requiring clubs to comply with UEFA's financial fair play rules, between 2013-14 and 2017 -18.
Now, Manchester City responded to the referral for violation of financial regulations through an official statement: "Manchester City FC is surprised by the publication of these alleged breaches of Premier League rules, particularly given the large outreach and large amount of detailed materials provided to the EPL.
The Club welcomes the review of the matter by of an independent Commission, to impartially consider the full body of irrefutable evidence that exists in support of its position. Therefore, we look forward to this matter being put to rest once and for all."