Manchester City charged with breaching financial rules

According to the statement on the Premier League website, as a result of the investigation by the independent board, it was determined that Manchester City committed several rule violations between the 2009-10 and 2017-18 seasons.

It was stated that the commission will carry out the process in secret and the decision will be published on the Premier League website.

Among the rules that Manchester City is breaking are the lack of accurate information that faithfully and faithfully reflects the financial situation of the club, in particular sponsorship income and operating costs (from the 2009-10 to the 2017-18 season). , the lack of full salary details in managers’ contracts. (2009).-10 to the 2012-13 season), non-compliance with UEFA rules, including club licensing rules and financial fair play (from the 2013-14 to 2017-18 seasons).

Three years ago, UEFA excluded Manchester City from the European Cups for the 2020-21 and 2021-22 seasons and fined it 30 million euros for failing to comply with the rules of financial fair play in 2012-2016.

Following the club’s objection, the Court of Arbitration for Sport (CAS) lifted the sanction of the UEFA bodies and reduced the fine to 10 million euros. (AA)