Manchester City charged by Premier League with numerous alleged breaches of financial rules; Premier League has referred the case to an independent ...
At the hearing, the panel found most of the breaches alleged were not established or the time was barred, which effectively means they happened too long ago for UEFA to do anything about them. "Allegedly they did not fully disclose the financial remunerations that was made to one of their managers over a four-year period. "The Premier League's financial fair play rules are designed to ensure clubs pretty much spend what they earn. “The proceedings before the commission will, in accordance with Premier League rule W.82, be confidential and heard in private. "They took that case to the Court of Arbitration for Sport (CAS). This investigation has already been going on for five years, so I don't anticipate it being dealt with quickly. “Commissions are independent of the Premier League and member clubs. “This confirmation is made in accordance with Premier League rule W.82.1. In February 2020, they were banned by UEFA from European competition for two seasons and also fined €30m. In a statement, the Premier League said: “In accordance with Premier League rule W.82.1, the Premier League confirms that it has today [February 6 2023] referred a number of alleged breaches of the Premier League rules by Manchester City Football Club to a commission under Premier League rule W.3.4. The second set of breaches listed refers to alleged breaking of rules "requiring a member club to include full details of manager remuneration in its relevant contracts with its manager" related to seasons 2009-10 to 2012-13 inclusive. The club are alleged to have breached league rules requiring provision "in utmost good faith" of "accurate financial information that gives a true and fair view of the club's financial position".
Manchester City have been referred to an independent commission by the Premier League over alleged breaches of its financial rules.
The value of their squad is estimated to be more than £1bn and the club sits at the heart of a global network of 12 football teams. The financial charges brought against Manchester City cover the period 2009-2018, and those requiring a club to “cooperate with, and assist, the Premier League in its investigations” extend from 2018 to this season. As such we look forward to this matter being put to rest once and for all.” Documents also suggested that the City manager City have reshaped football since they were taken over by a private equity group controlled by the royal family of Abu Dhabi in 2008. Those sanctions are listed in the Premier League’s handbook but a commission is clear to apply any punishment it considers appropriate.
The Premier League accused City, one of the most successful teams in soccer, with persistently breaking rules about reporting its revenues, sponsorships and ...
A judge ruled against City, and even chided the process that had allowed City to win multiple league titles as the case dragged on without resolution. The league is one of the world’s richest sporting competitions, and it is populated by a half-dozen more of the world’s most deep-pocketed teams — all of them chasing the same prizes as City every season. But last spring he revealed that he told the club’s management he would quit if what they had told him was found to be untrue. Bankrolled by one of the world’s richest men, the club appeared prepared to spend any sum to prevail. Unlike UEFA, the Premier League does not have a statute of limitations in its disciplinary regulations. No previous Premier League investigation has lasted as long as the current case against City, for example, nor has one produced allegations of wrongdoing spread over so many seasons. The club declared itself “surprised by the issuing of these alleged breaches” and said that it had turned over a “vast amount of detailed materials.” Manchester City is accused of more than 100 violations, including failing to provide accurate financial information “that gives a true and fair view of the club’s financial position”; not disclosing contractual payments to managers and players; and failing, as required, to cooperate with Premier League investigators. City has been a leading light over the past decade, with six championships since 2012, including four of the past five. But the City case is already unusual for a number of reasons. In effect, UEFA’s investigation had taken too long to consider the most serious offenses, the appeals panel found, and so the club escaped the harshest punishments levied against it. League officials declined to comment further on the statement or on the case against City.
The statement from the Premier League on the charges against Manchester City came early on Monday morning but there was no information about the potential ...
The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private. Commissions are independent of the Premier League and member clubs. This confirmation is made in accordance with Premier League Rule W.82.1. (a) for Season 2015/16, Premier League Rules E.52 to E.60; and (4) for Season 2015/16, Premier League Rules T.13 and T.20. (3) for Seasons 2013/14 and 2014/15, Premier League Rules T.12 and T.19; and As such we look forward to this matter being put to rest once and for all." (2) for Season 2012/13, Premier League Rules P.7 and P.8; and (2) for Season 2012/13, Premier League Rules T.12 and T.20; (g) for Season 2015/16, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50; City have been referred to an independent commission over the charges. (d) for Season 2012/13, Premier League Rules 16, E.3, E.4, E.11 and E.12;
Manchester City have been referred to an independent commission over alleged breaches of Premier League finance rules, England's top-flight soccer league ...
The second set of alleged breaches also refers to requirements for a club to "include full details of player remuneration within the relevant contracts". The second set of breaches listed refers to alleged breaking of rules "requiring a member club to include full details of manager remuneration in its relevant contracts with its manager" related to seasons 2009/10 to 2012/13 inclusive The defending champions are alleged to have breached league rules requiring provision "in utmost good faith" of "accurate financial information that gives a true and fair view of the club's financial position".
Manchester City Football Club is facing an investigation into its finances by England's Premier League, risking a points deduction that could dash its ...
The Premier League charges Manchester City with more than 100 breaches of its financial rules following a four-year investigation.
City's reputation - and the reputation of those who own it - is on the line. It is felt that bringing this case it likely to be used by the Premier League as evidence of them being able to deal with governance issues itself. The club are understood to have provided the relevant evidence around those charges to the Premier League some time ago. City were not given advance warning of the Premier League statement. Manchester City have always denied financial wrongdoing. The outcome, whenever it comes, will be fascinating. When the Premier League investigation began, City said the allegations were "entirely false" and that allegations in Der Spiegel came from "illegal hacking and out of context publication of City emails". City are confident in their position and that includes the charges that were time-barred in their Uefa case. In a statement the Premier League said City breached rules requiring them to provide "accurate financial information that gives a true and fair view of the club's financial position". City said they were "surprised" by the charges and are supported by a "body of irrefutable evidence". "Manchester City is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with," the club said in a statement. The Premier League said City breached rules related to Uefa regulations, including Financial Fair Play (FFP), from 2013-14 to 2017-18, as well as Premier League rules on profitability and sustainability from 2015-16 to 2017-18.
The club will face a commission over alleged rule breaking between 2009 and 2016 regarding financial reporting on revenue and manager and player ...
The paper is expected to recommend an independent regulator to monitor club ownership and funding. As such we look forward to this matter being put to rest once and for all." The organizing body of the top-level English men's league said this included its rule that clubs must provide it with accurate financial information representing a "true and fair view of the club's financial position," particularly relating to revenue.
The English Premier League has accused Manchester City of more than 100 financial rules and referred the club to an independent commission, according to a ...
The ban was later overturned by the Court of Arbitration for Sport (CAS), although the body ruled that City had failed to cooperate with UEFA authorities and an original fine of 30 million euros ($34 million) was reduced to 10 million ($11.3 million). [statement ](https://www.mancity.com/news/club/club-statement-premier-league-63811282)on Monday, the club said: “Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with. The Premier League also alleges that City failed to comply with UEFA’s financial fair play (FFP) regulations from the 2013-14 to 2017-18 seasons and failed to follow the Premier League’s rules on profit and sustainability from the 2015-16 to 2017-18 seasons.