By Toyeeb Omotayo

Manchester City was accused by the Premier League on Monday of breaching a slew of financial rules from 2009-18, during which the club became a force in English and European soccer following its takeover by Abu Dhabi’s ruling family.

The league released a long statement detailing a list of alleged breaches of regulations by City after a four-year investigation, covering a period when the team won three Premier League titles – in 2012, 2014 and 2018.

City, the defending league champion, is accused of failing to provide “accurate financial information that gives a true and fair view of the club’s financial position” between 2009-18 or give “full details of manager remuneration in its relevant contracts” from 2009-13. Roberto Mancini was manager during that period.

Other alleged offenses include failure to comply with UEFA regulations from 2013-18, Premier League profitability and sustainability rules from 2015-18 and to assist with the league’s investigation from December 2018 to the present day.

The league said it has referred the breaches to an independent commission ahead of a confidential hearing.
The Premier League’s rule book gives a disciplinary commission powers to impose a range of sanctions plus the wider scope of “such other penalty as it shall think fit.”

A large fine seems inevitable if the charges are proven. Also in play is a point deduction, a title nullified or even being expelled from the league, according to league rules.

Written by:

Leave a Comment

Your email address will not be published. Required fields are marked *

Lets Chat
1
Need Help?
Help Center
Hello, welcome to SobiFm.How can we be of Help?