Premier League CONFIRM Man City verdict: Club found guilty of most serious breaches of financial rules through 'sham' deals
· DailyMail
The Premier League has confirmed that Manchester City has been guilty of a series of breaches of the league's financial rules.
The Premier League have confirmed that Manchester City has been found ‘guilty of all charges related to serious breaches’ of its financial rules - and ‘the majority of charges in relation to its failure to co-operate with the League’s investigation’.
On Friday, Daily Mail Sport reported how City had been found guilty in a verdict which sent shockwaves through football and opened the door to huge penalties including possible expulsion.
However, there has been no official comment on the findings of an independent panel who oversaw a hearing that concluded in December 2024.
That has now, dramatically changed. In a lengthy statement, the Premier League say City arranged ‘sham contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs’.
More to follow.
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