He City of Manchester is facing the worst moment in history after the Premier League accuse the current champion of committing more than 100 violations of financial rules between 2009 and 2018 after an investigation of more than four years.
It was Monday when British employers discovered the hare with an accusatory statement that paralyzed world football. BBC Sport spoke to Kieran Maguirea financial expert, to clarify the situation of City, dividing its charges into two areas.
“Firstly, the allegations that Manchester City artificially inflated their income, particularly in regards to commercial and sponsorship deals.. The Premier seems to be saying that the money actually came from the owner of the club, which does not count towards Financial Fair Play, but is kept as sponsorship income, which it does,” explained Maguire, who qualified “other charges related to what the City alleged was artificially avoiding administrative costs by having the managers on contracts with other companies connected to the owners so that they pay only a fraction of the actual cost.”
This is not the first time this has been discussed. In 2018, Der Spiegel published several leaked documents that suggested that the amounts of the sponsorship deals were inflated., thus deceiving UEFA to comply with Financial Fair Play. That involved an investigation by Europe’s top soccer body which concluded that “serious breaches” had been committed between 2012 and 2016, but the Court of Arbitration for Sport later overturned the two-year suspension from European competitions.
At that point, in 2018, the Premier League also began its investigations and, four years later, it drew its own conclusions without warning Manchester City. The club sees it as a political move as the UK government wants to have an impact on these cases from this month, but Maguire said “while the timing is intriguing, the sheer volume of the charges perhaps shows why the Premier League took a long time. come here.”
“This is potentially the biggest financial scandal in Premier League history”he said clearly MaguireIf so “No club has faced such a catalog of cases. If the cheating is proven, it will harm the dominant force in English football, its owners in Abu Dhabi, the concept of club states and the general idea that this is a fair competition.”
However, Maguire confirmed that it won’t be a quick process. “It could take months and cast a long shadow of doubt over the Premier League in the process. If City are guilty, there will be accusations against other clubs,” he said.
What penalties does the City face?
The curiosity now, or rather the unknown, is what will happen if it ends up confirming that Manchester City has indeed acted in this way in violation of the regulations.
“There are limitless possibilities. Anything could happen, from a ‘no repeat’, a fine, a points deduction, stripping City of their titles and even kicking them out of the Premier League,” said Maguire, preferring not to get caught. wet, as previous examples, such as at Queens Park Rangers in 2011, resulted in fines.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
