The Premier League accuses Manchester City of financial irregularities

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The English tournament has placed the alleged breach of league funding rules over nine seasons, between 2009 and 2018, in the hands of an independent commission of inquiry.

Manchester City is under the magnifying glass of the Premier League. The millionaire ‘sky blue’ club, with capital Emirates, has been accused of financial irregularities by the English tournament. The violations relate to your financial information about benefits, salaries of coaches and players, and UEFA regulations in this regard.

The British Championship has already turned over these alleged breaches, which spanned nine seasons, to an independent commission of inquiry between 2009 and 2018, according to the Premier League, which, given the commotion this information caused, has made the matter public through a brief statement, the Manchester club, current English champions, is said to have broken the law more than a hundred times.

So, and despite the lack of sanctions by the league so far, City has failed to provide “real information” about transcendental aspects of its financial situation, such as sponsorship income, benefits and expenses in terms of player salaries and coach, in this one. case of Pep Guardiola. Likewise, it failed to comply with UEFA regulations on financial fair play or the Premier League’s own rules on economic sustainability.

Matters are made worse by the Prime Minister pointing out that the club, owned by corporate holding company City Football Group Limited, has not cooperated with the investigation, which began in 2018 and is still ongoing, because it refused to provide information and documents of key importance to the clarify facts.

This is the case and if Manchester City are ultimately found guilty of these charges, they will face a wide range of consequences in the form of sanctions. As revealed in the English press, the penalties would range from deductions of points in the current Premier League Championship, which sees them second to five points behind Arsenal and one game ahead of the London team, to their own exclusion from the competition. as a last resort.

In the meantime, and despite being a usual suspect in terms of finances, the Mancunian club declares to be surprised by the process and assures that they have provided all facilities for the investigation. “Manchester City FC is shocked by the publication of these alleged breaches of Premier League rules,” the club’s brief statement begins. “The club welcomes the review of this matter by an independent committee to impartially consider all irrefutable evidence that exists to support its position,” he says categorically below.

Source: La Verdad

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