After a four-year investigation, the Premier League have thrown the book at Man City
Manchester City could be expelled from the Premier League after they were charged with breaking financial rules.
On Monday morning, the Premier League announced that City had been charged for “numerous breaches” of financial rules following a four-year investigation.
The charges date from 2009 all the way through to 2017.
The Premier League said that the club broke rules requiring them to provide “accurate financial information that gives a true and fair view of the club’s financial position”.
This information included the club’s revenue, including sponsorship revenue and operating costs.
City are also accused of not cooperating with the Premier League’s investigation, which began in 2018.
Among the possible sanctions the club could face are a points deduction or even expulsion from the league, the Times reports.
The Premier League also said City, who became one of the richest clubs in the world in 2008 when they were taken over by the Abu Dhabi United Group, also breached rules related to Uefa regulations – including Financial Fair Play (FFP) – from 2013-14 to 2017-18, as well as Premier League rules on profitability and sustainability from 2015-16 to 2017-18.
In 2020, City were handed a two-year ban from European club competitions by UEFA after they ruled that City committed “serious breaches” of FFP regulations between 2012 and 2016.
But this was overturned by the Court of Arbitration for Sport (Cas) within months.
EXPLAINED: Why are Manchester City being charged by the Premier League? 🧐pic.twitter.com/HFeM9a5Oeo
— Sky Sports Premier League (@SkySportsPL) February 6, 2023
The Manchester club have won the Premier League on six occasions and are the current champions.
The club have yet to comment on the charges.
