What will happen to Man City after the Premier League’s guilty verdict?
Summary
The Premier League found Manchester City guilty of breaking financial rules from 2009 to 2018, including hiding more than £900 million in secret funding from its owners. The club denies the charges and plans to appeal, but possible punishments could include fines or even being kicked out of the league.Key Facts
- Manchester City was found guilty of almost all 115 charges related to financial rule breaches.
- These breaches involved “sham” sponsorship deals that hid funding from the club’s Abu Dhabi owners.
- The schemes inflated revenue and lowered expenses by over £900 million ($1.2 billion) across nine seasons.
- The Premier League’s investigation said City tried to appear as if they followed financial rules when they did not.
- The club denies any wrongdoing and says there is strong evidence to support its innocence.
- Possible sanctions include fines or even expulsion from the Premier League.
- The Premier League called this the most significant disciplinary case in its history.
- Manchester City plans to appeal the verdict.
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