The Premier League has referred Manchester City to an independent commission following alleged breaches of financial regulations.
These alleged breaches stretch back as far as the 2009-10 season.
City are said to have breached rules relating to providing accurate financial information, specifically in respect to the club’s revenue, including sponsorship revenue and operating costs, between the seasons of 2009-10 and 2017-18, as well as remuneration details for managers and players between the 2009-10 and 2015-16 campaigns.
🛑 Premier League statement confirms “Manchester City have been charged with numerous breaches of financial rules ”.@martynziegler now reports that “Man City will not be able to appeal any sanction to the Court of Arbitration for Sport, the one which overturned the UEFA ban. pic.twitter.com/fsRtpQKSI8
— Fabrizio Romano (@FabrizioRomano) February 6, 2023
Man City hit with more than 100 charges of breaching financial rules by the Premier League over a nine-year period.
Possible sanctions if found proven include points deductions or even expulsion from the league.
— Martyn Ziegler (@martynziegler) February 6, 2023