Commission: club broke rules over nine-season period City will appeal against verdict before Friday deadline The Premier League has confirmed Manchester City have been found guilty of all charges of breaching its financial rules over a nine-year period, with the club found to have boosted their income by a staggering amount of more than £900m. In a bombshell announcement the Premier League revealed an independent commission had found City guilty of arranging “sham contracts” with commercial partners to artificially inflate revenues and reduce costs, and of filing inaccurate accounts to hide the true state of their finances, which if accurately reported would have led to significant breaches of Premier League and Uefa spending limits. Continue reading...
Manchester City guilty over Premier League charges after £900m of ‘sham’ contracts
Original reporting
The Guardian: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Man City CEO defiant over Premier League charges
- Man City’s Premier League charges: What’s the latest and what comes next?
- Premier League confirm Man City guilty of all charges - 5 Live reaction
- The intricate web Man City spun to con the Premier League
- Premier League finds Man City guilty on all charges of financial breaches
- What will happen to Man City after the Premier League’s guilty verdict?
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