Man City has been charged by the Premier League with more than 100 violations of Financial Fair Play regulations.
On the evening of February 6 (Vietnam time), the English Premier League shook the world football when it accused Man City of violating the provisions of the Financial Fair Play Law during 9 seasons, from 2009 to 2018. The Etihad Stadium owner has won the Premier League 3 times during that period, in the 2011/2012, 2013/2014 and 2017/2018 seasons.
This is the result of a four-year financial investigation into the reigning Premier League champions. The case has been referred to an independent committee, which will determine whether City have breached the Premier League’s Financial Fair Play Act. If convicted, coach Pep Guardiola’s team will face penalties or even expulsion from the Premier League.
The Premier League said that Man City’s violations related to a request to provide “accurate financial information that provides a true and fair view of the financial position of the club”, in particular ” revenue”, “funding revenue” and “operating expenses”.
The Premier League has listed more than 100 violations by Man City over the course of nine seasons, including failure to provide full details of player and coach earnings and failure to comply with Financial Fair Play regulations. . Man City are also accused of failing to cooperate with the Premier League in an investigation that began in December 2018.
The latest, Man City responded: “Manchester City FC is surprised by the issuance of allegations of violations of the Premier League ‘s financial regulations , especially given the comprehensive coordination and large amount of detailed documentation. details for which the Premier League has been provided.
The Club welcomes the settlement of this case by an independent Commission, which objectively considers all the indisputable evidence that exists to support its position. Therefore, we wish this case to be resolved once and for all.”
In 2020, Man City was banned by UEFA from participating in the Champions League for two seasons and had to pay a fine of 25 million pounds. However, after an appeal to the Court of Arbitration for Sport, the ban was lifted and City were only fined £10 million.
