Manchester City Found Guilty For Breaching Premier League Financial Rules
Manchester City have been found guilty of all but one of 115 Premier League charges the soccer club faces for breaching financial regulations. It was gathered that no sanction had yet been decided and Manchester City is set to appeal. The outcome of an independent hearing that began more than two years ago could send shock waves through English soccer. The legacy of City’s trophy-laden era is on the line over accusations that it has been built on financial impropriety. Manchester City was charged by the Premier League in 2023 following an investigation into alleged breaches between 2009 and 2018. The club, which has always denied the allegations, was accused of failing to provide accurate financial information and details of payments to players and coaches, as well as breaches of financial sustainability rules. Manchester City is owned by City Football Group, which is majority-controlled by the Abu Dhabi United Group — the private investment vehicle of Sheikh Mansour bin Zayed Al Nahya...