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Man City In Hot Water Of Breaking EPL Financial Rules

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English Premier League champions Manchester City have been charged with more than 100 breaches of financial rules between the 2009/10 and 2017/18 seasons.

The Premier League have referred the club to an independent commission after a four-year investigation, a statement on Monday confirmed.

City have been under the investigation of breaking financial rules for a long time and in 2020 European football governing body UEFA ruled that City committed “serious breaches” of FFP regulations between 2012 and 2016, handing out a two-year ban from European competitions, which was overturned by the Court of Arbitration for Sport (Cas) later that year.

However, the Premier League now allege breaches relating to rules requiring full details of manager remuneration, from the 2009/10 to 2012/13 seasons, when Roberto Mancini was in charge, and player remuneration between 2010/11 and 2015/16.

“The commission can impose punishments including a fine, points deductions and expelling a club from the Premier League,” according to BBC.

Since the Abu Dhabi United Group took over, Manchester City have been unmatched in winning the EPL six times, including the last two. They came close to winning the UEFA Champions League in 2020/21 season, but lost to rivals Chelsea in the final.  

City are yet to publicly respond to the statement published by the Premier League on Monday.

Source Link Man City In Hot Water Of Breaking EPL Financial Rules

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