Manchester City is accused of many violations of financial rules
The Premier League has accused Manchester City of many violations of financial rules.
The Premier League has accused the team of breaching multiple Financial Fair Play regulations. The club also said it was appalled by the reported allegations and would welcome an investigation.
The fees cover the 2009–10 and 2017–18 seasons.
Season 2009-10
Manchester City finished 5th in the 2009-10 Premier League season.
Season 2010-11
Citizens finished in 3rd place during the 2010-11 season.
Season 2011-12
Manchester City – 89 points
Manchester United – 89 points
Manchester City won the league on goal difference, and if the Premier League tries to take the title away from them, Manchester United could be the champions.
Season 2012-13
Manchester United won the league and City came second.
2014-15
Chelsea winning the league title will not affect City’s collection of titles.
In 2015-16
Leicester City won the title, while City finished in fourth place.
In 2016-17
City finished third.
2017-18
Manchester City – 100 points
Manchester United – 81 points
City won the title, and if the sanction comes, United could win the title.
First, in a statement, the Premier League said: “In accordance with Premier League Rule V.82.1, the Premier League confirms that [6. February 2023] referred a number of alleged breaches of Premier League rules by Manchester City Football Club to the Commission under Premier League Rule V.3.4.”
The club has broken numerous rules and may face fines from the league.
Second, the team violated league rules by failing to provide “accurate financial information that conveys a true and fair view of the club’s financial status” in “the utmost good faith.”
Also, the second group of violations, which refers to the years 2009-10. up to and including 2012–13, “requires a member club to include full information on manager’s remuneration in its applicable management contracts”.
The second violation also relates to the club’s failure to include full player compensation information in valid contracts for the 2010–11 season. up to and including 2015–16.
Although this is the second time the team has violated the Financial Fair Play guideline, which the Manchester previously violated in 2020 and resulted in a two-year penalty. However, this was overturned by the European Football Court of Arbitration for Sport (CAS).
What sanctions can the independent commission impose on the club?
Suspend the club from league matches.
Deduction of points
recommend to the committee that the league matches be replayed.
recommend to the board of directors that the league expel the defendant club.
Order compensation
Cancel or decline player registration
Suspended sentence
Order the club to pay the costs
Create another command as you see fit
Also, the club can lose its status, be relegated to the championship or be stripped of its league titles if the commission decides to impose these penalties.
Is it the same as what Juventus did?
It differs from Juventus, which has been accused of handing out money to players after the COVID-19 outbreak affected the club’s finances.
Also, this led to the entire Juventus board leaving their jobs following a study by the Italian government agency CONSOB, which resulted in the loss of 15 points for the team and league titles. Finally, CONSOB is in charge of supervising the Italian stock exchange.
In this case, Manchester City have once again breached FFP regulations, and as a result, they risk being relegated to the Championship and even losing the league title.
However, it is still unclear how things will play out at this point.
