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Manchester City’s hearing that will determine whether the club broke the Premier League’s financial rules began this week. In total, 115 broken Premier League financial rules charges have been leveled against Manchester City.
In what many have called the sport’s trial of the century, it’s expected to take roughly ten weeks before a decision can be reached. Thankfully, the severity of punishment is not at the behest of the general public. Otherwise, the club could get slaughtered by rival fans. Nevertheless, Manchester City must be found guilty before being subject to any form of punishment.
In light of this, here is a run-through of the most serious charges that Manchester City faces:
54 charges of failure to disclose accurate financial information
Manchester City is accused of failing to provide the Premier League with necessary financial information from 2009/10 to 2017/18. In 2017/18, City became the first and only team to win the Premier League title with 100+ points. The nine-year period of these 54 charges is the longest period of all the breaches.
Premier League teams must disclose accurate and up-to-date financial information so that the league can properly assess the club’s revenue. This assessment involves sponsorship deals, cost of operations, and player’s salaries. Naturally, these assessments are necessary to ensure that clubs comply with the rules of Financial Fair Play (FFP).
Fifty-four breaches over nine years suggest that Manchester City was breaking these FFP rules multiple times a season. The likelihood, though, is that the prevalent case within these breaches was an omission of the true level of revenue.
14 charges for failure to provide accurate reports for player and manager payments
According to the Premier League, Manchester City was dishonest about the funds players and managers received between 2009 and 2016. The main issue is the loophole City created for itself as these payments hid from FFP….
Source link : https://worldsoccertalk.com/news/manchester-city-most-serious-breaches/
Author : Ian Mahop
Publish date : 2024-09-16 17:02:56
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