The Actual News

Stay informed without the news wearing you out.

Richards devastated by Man City guilty verdicts

Richards devastated by Man City guilty verdicts

Summary

An independent commission found Manchester City guilty of breaking Premier League financial rules by using fake contracts to hide over £830 million in secret funding between 2009-10 and 2017-18. Former player Micah Richards expressed sadness about the verdict, while the club denies wrongdoing and plans to appeal.

Key Facts

  • Manchester City was found guilty of breaking financial rules related to secret funding.
  • The club used "sham contracts" with commercial partners to hide more than £830 million.
  • These breaches happened from the 2009-10 season through the 2017-18 season.
  • Manchester City won three Premier League titles during this period (2011-12, 2013-14, and one other).
  • Micah Richards, former City defender and academy player, felt devastated by the verdict.
  • The club has until 2 October to submit an appeal against the decision.
  • City officials say evidence proving their innocence was ignored by the commission.
  • Former Liverpool player Jamie Carragher suggested the titles might be considered invalid due to the findings.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Monday's biggest stories, one calm email.