Man City found guilty of all charges

By admin — In News — September 29, 2026

   ​[Getty Images]Manchester City arranged “sham contracts” with a number of its commercial partners as part of a scheme to disguise secret funding of more than £830m, the Premier League says.The League confirmed that City have been found guilty of all charges related to breaches of Premier League financial rules between the 2009-10 and 2017-18 seasons.An independent commission found that, during that time period, the club arranged the “sham contracts” as well as “relying on sham agreements to artificially inflate the club’s revenues and reduce its costs”.The club continues to deny any wrongdoing and has until Friday to appeal.Premier League chief executive Richard Masters said: “The core decision establishes the facts of what happened at Manchester City during this period. It details how the club systematically broke Premier League Rules for nearly a decade.”It also vindicates the Premier League’s decision to pursue this case against Manchester City. While the process to date has been both long and difficult, the League has remained determined that the facts be established independently.”It is a key responsibility of the Premier League to ensure that the Rules, approved by the clubs themselves, are upheld to protect the integrity of the competition. It is paramount that the League remains competitive and fair for all clubs and for the fans. We take that role extremely seriously.”This disciplinary case, and this decision, are the most significant in Premier League history. There are elements of the case that remain to be decided, including, importantly, what sanction must follow for these breaches. Now we have the Commission’s decision, we are committed to moving swiftly through the remainder of the process, to provide certainty for the League, our clubs and fans.”Get more on the story  

Content Source: Yahoo News

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