Premier League Commission Finds Manchester City Guilty of Financial Rule Breaches
An independent Premier League Commission has found Manchester City guilty of serious financial-rule breaches linked to the period from the 2009/10 to 2017/18 seasons. The Commission said the club used commercial agreements that misrepresented the true arrangements involved. It found that the deals inflated reported revenue, reduced costs and contributed to misstated accounts. City was also found to have breached Premier League and UEFA spending limits. Three of four allegations over the club's cooperation with the investigation were upheld. Manchester City can appeal the decision by Friday, October 2, while the Premier League says it wants the case and any appeal concluded as soon as possible. The final outcome could have major consequences for the reigning English champions and the Premier League's financial rules.
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