Manchester City are gearing up for a crucial hearing starting next month regarding the 115 alleged violations of Premier League financial regulations.
The Premier League’s investigation, launched in 2023, has accused the club of breaching Financial Fair Play rules up until the 2017–18 season.
According to a report by Martyn Ziegler, the chief sports reporter for The Times, the hearing is set to commence in mid-to-late September and is expected to last approximately ten weeks. The proceedings will be overseen by an independent commission, with a verdict anticipated in early 2025.
The Premier League’s charges against Manchester City are not limited to financial discrepancies. The club is also accused of failing to cooperate with the investigation and withholding necessary documents over five seasons, from 2018-19 to 2022-23.
Potential consequences for Manchester City if found guilty
If found guilty of the financial charges, the consequences for Manchester City could be severe. Possible punishments include point deductions, the potential stripping of titles, or even relegation from the Premier League, though the latter two are considered less likely.
A guilty verdict could also lead to the reallocation of previous titles, a prospect that would be welcomed by clubs like Liverpool and Arsenal, who have finished as runners-up to City in recent years.
The consequences could extend beyond the pitch. Financially, the club could face heavy fines and the loss of commercial partnerships. Reputationally, the damage could be even more significant, with the club’s global brand potentially taking a severe hit.
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Manchester City have been penalised for other breaches as well
Beyond the financial allegations, Manchester City have recently been penalised for other breaches as well. Last month, the club was fined £2.09 million for consistently starting matches and resuming play after…
Source link : https://www.caughtoffside.com/2024/08/12/big-update-on-manchester-city-115-charges-hearing/
Author : Mehdi Gokal
Publish date : 2024-08-12 22:21:51
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