Football club Manchester City was charged by Premier League for breaching its rules over 100 times
After a four-year investigation, the Premier League has charged football club Manchester City with breaching its rules.
According to the Guardian on Monday, February 6, the club has been allegedly been charged with breaching the financial rules of the Premier League more than 100 times in the past several years.
Manchester City has been accused of “failing to give a true and fair view of the club’s financial position.” Aside from this other charges include, “failing to include full details of player and manager remuneration, failing to comply with rules regarding financial fair play and failing to co-operate in a Premier League investigation that has concluded after more than four years”.
The club could now face the possibility of being expelled from the competition, or face suspension and might even have points removed if found guilty after investigations by an independent commission.
Estimated to be worth £1 billion (€1.12 billion), the financial charges Manchester City faces cover a period from 2009 to 2018.
The club is now required to “cooperate with, and assist, the Premier League in its investigations”.
Meanwhile, Manchester City has continued to deny the charges and has previously been reported to have claimed that the charges were being put with an aim to damage the reputation of the club.
A statement issued by the club on Monday said, “Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with.”
It added, “The club welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position. As such we look forward to this matter being put to rest once and for all.”
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