Manchester City found guilty of all charges related to Premier League's financial rules
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Manchester City found guilty of all charges related to Premier League's financial rules
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Manchester City have been found guilty of all charges related to breaches of Premier League financial rules between 2009-10 and 2017-18 by an independent commission, the league has said.
In a new statement, the Premier League said the club made "sham" contracts with commercial partners to artificially inflate its revenue and reduce its costs.
The club has released the following comments in response to the Premier League's statement.
"Manchester City FC is both disappointed and surprised by the opinion of the Premier League Commission, that has been published today.
"The club is innocent of the accusations made by the Premier League and a comprehensive body of irrefutable evidence exists in support of all of its positions, relating to this case. The club will therefore be relentless, and where necessary proactive, in any and all appropriate regulatory and legal forums"
Latest updates ➡️ https://news.sky.com/story/manchester-city-latest-premier-league-says-club-used-sham-contracts-to-inflate-revenues-and-cut-costs-by-900m-13320822
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In a new statement, the Premier League said the club made "sham" contracts with commercial partners to artificially inflate its revenue and reduce its costs.
The club has released the following comments in response to the Premier League's statement.
"Manchester City FC is both disappointed and surprised by the opinion of the Premier League Commission, that has been published today.
"The club is innocent of the accusations made by the Premier League and a comprehensive body of irrefutable evidence exists in support of all of its positions, relating to this case. The club will therefore be relentless, and where necessary proactive, in any and all appropriate regulatory and legal forums"
Latest updates ➡️ https://news.sky.com/story/manchester-city-latest-premier-league-says-club-used-sham-contracts-to-inflate-revenues-and-cut-costs-by-900m-13320822
#manchestercity #premierleague #football #uk #england #skynews #live #breakingnews
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on X: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Why not listen to one of our podcasts? This is Why, available for free here: https://podfollow.com/thisiswhy or Ed Conway's Stuff Matters, available here: https://podfollow.com/stuff-matters
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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