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Manchester City found guilty of serious Premier League financial-rule breaches; club plans appeal

Sky Sports reports that an independent commission found City used “sham” commercial contracts to inflate revenue by £830m between 2009/10 and 2017/18. The club denies wrongdoing and says it will appeal.

ChrisCH
Fucked off AbroadFO
Flora🩵FL
448 Sources, 16d ago, first seen 16d ago

TLDR

Sky Sports reports that an independent commission found Manchester City guilty of serious Premier League financial-rule breaches. It found that “sham” commercial contracts inflated the club’s revenue by £830m between 2009/10 and 2017/18. Three of four alleged failures to cooperate were upheld; one charge was not proven. City maintains its innocence and plans to appeal. The Premier League says sanctions will be considered at a further hearing.

Combined views

34.3M

448 Sources, first seen 16d ago

351.4K likes14.6K comments11.6K saves33.2K reposts

Combined views

34.3M

448 Sources, first seen 16d ago

351.4K likes14.6K comments11.6K saves33.2K reposts

Manchester City plans to appeal an independent commission’s finding that it seriously breached Premier League financial rules. Sky Sports reports that the club has until Oct. 2 to lodge its appeal, while sanctions will be considered at a further hearing.

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The commission found that sponsorship arrangements artificially inflated City’s revenue by £830 million between the 2009-10 and 2017-18 seasons, according to Sky’s account. Commercial partners paid only part of the sponsorship fees; the commission found that the remainder came from Abu Dhabi United Group Investment and Development Ltd, which owned the club.

Sky reports that the commission also found City filed accounts concealing its financial position and breached Premier League and UEFA spending limits. On cooperation with the investigation, three of four alleged breaches were upheld and one charge was not proven.

City disputes the findings. In a club statement reproduced by Sky, it maintains its innocence and argues that the decision contains material errors of law, principle and fact. Chief executive Ferran Soriano told staff and players that evidence showed the sponsorship money did not come from the owner, according to a video obtained by Sky.

The Premier League will address penalties at a further commission hearing, Sky reports. The outcome of that process remains unresolved.

Sentiment

Positive4.5%95.5%Negative

Summary

Most accounts condemned Manchester City's appeal of the Premier League financial charges as cheating or corruption by the club and owners, while a few voiced loyalty and belief in the team's innocence.

Based on 2802 sentiment-bearing replies from 2446 accounts across 8 conversations.

Sentiment

Positive4.5%95.5%Negative

Summary

Most accounts condemned Manchester City's appeal of the Premier League financial charges as cheating or corruption by the club and owners, while a few voiced loyalty and belief in the team's innocence.

Based on 2802 sentiment-bearing replies from 2446 accounts across 8 conversations.

Related

Manchester City reportedly found guilty of almost all 115 Premier League financial charges

A post describing an ESPN FC discussion says the charges span nine seasons and include alleged sham contracts used to inflate revenue. The post says City maintains its innocence.

Manchester City accused of inflating commercial revenue by more than £900m

The Anfield Wrap shares a reaction special on a Premier League statement addressing charges against City, including allegations involving “sham” contracts.

Manchester City CEO Ferran Soriano claims guilty verdict resulted from a 'Premier League conspiracy theory'

ESPN reports that Soriano made the allegation about the guilty verdict against his club.

449 Sources

Sky SportsMan City charges verdict: Club found guilty of all charges related to serious breaches of Premier League financial rules12d
Chris@CWeatherspoon_Seismic for English football. Manchester City were, in effect, accused of corporate fraud. Accused of breaching PSR and UEFA FFP on several occasions. Accused of not providing accurate player/manager payment details. Accused of not cooperating. Guilty on all but one charge16d
Fucked off Abroad@MufcfaninspainNot seen one Man City fan argue their case with facts, just riddles, opinions, whataboutery and delusion Lawyers and accountants have checked the accounts and can't trace the numbers and City refuse to join the dots up because they can't Really is that black and white13d
Flora🩵@oche_fijethe verdict is finally out and i can already see the celebrations from every corner. some rivals have gone from “let the process take its course” to planning city’s relegation, stripping trophies and deciding where we should play next season in the space of a few hours. and the funny thing is, the punishment hasn’t even been decided yet. the appeal window is still open and the sanction is still to come. we’ve really got people celebrating a punishment that hasn’t happened yet. football twitter is a different place when city are involved.12d
Andrew Beaumont@beaumont_andrew@GeezaVibe Man City charges verdict: Club found guilty of all charges related to serious breaches of Premier League financial rules https://www.skysports.com/share/1329081012d
Sky Sports News@SkySportsNewsManchester City have been found guilty of all charges related to serious breaches of Premier League financial rules by an independent commission, the league has said. Manchester City have indicated their intention to appeal the decision.12d
BBC Sport@BBCSportManchester City have responded after the Premier League confirmed that the club have been found guilty of all charges related to breaches of Premier League financial rules between 2009-10 and 2017-18.12d
indykaila News@indykailaOpen letter to the Premier League and Manchester City: The independent Commission has now found Manchester City guilty of serious and sustained breaches of Premier League financial rules. We therefore urge the Commission and the League to consider the following: 1. Sporting sanction of the highest order. Removal from the Premier League and placement in EFL League One would send an unambiguous message that the rules apply equally to every club. 2. Change of ownership. The current owners should be required to sell the club, so that a new ownership group can rebuild on a clean regulatory footing. 3. Squad reset that protects English football. The club’s leading players should be made available to other Premier League clubs, so that world-class talent remains in this country rather than being lost overseas. The Premier League’s brand is only as strong as the confidence that its rules will be enforced without fear or favour. This is the moment to prove that principle.12d
Mike Keegan@MikeKeegan_DM🚨115 UPDATE 🔵Ferran Soriano, City CEO, has sent a three-minute video to all Manchester City staff in which he outlines the club's position & says it will continue to fight to clear its name & confirms appeal. 🗣️'The whole Premier League case against us is based on a single false accusation.' More @mailsport shortly12d
YankeeGunner 🏆@YankeeGunnerCity's summer spending was clearly an effort to get ahead of sanctions. But the question is what recourse their players have. It's likely that City knew of the guilty verdict and did not disclose it to the players they signed. Could they potentially be released from their contracts? So much fallout ahead.12d
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    Manchester CityPremier LeagueFerran Soriano
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    449 Sources

    Sky SportsMan City charges verdict: Club found guilty of all charges related to serious breaches of Premier League financial rules12d
    Chris@CWeatherspoon_Seismic for English football. Manchester City were, in effect, accused of corporate fraud. Accused of breaching PSR and UEFA FFP on several occasions. Accused of not providing accurate player/manager payment details. Accused of not cooperating. Guilty on all but one charge16d
    Fucked off Abroad@MufcfaninspainNot seen one Man City fan argue their case with facts, just riddles, opinions, whataboutery and delusion Lawyers and accountants have checked the accounts and can't trace the numbers and City refuse to join the dots up because they can't Really is that black and white13d
    Flora🩵@oche_fijethe verdict is finally out and i can already see the celebrations from every corner. some rivals have gone from “let the process take its course” to planning city’s relegation, stripping trophies and deciding where we should play next season in the space of a few hours. and the funny thing is, the punishment hasn’t even been decided yet. the appeal window is still open and the sanction is still to come. we’ve really got people celebrating a punishment that hasn’t happened yet. football twitter is a different place when city are involved.12d
    Andrew Beaumont@beaumont_andrew@GeezaVibe Man City charges verdict: Club found guilty of all charges related to serious breaches of Premier League financial rules https://www.skysports.com/share/1329081012d
    Sky Sports News@SkySportsNewsManchester City have been found guilty of all charges related to serious breaches of Premier League financial rules by an independent commission, the league has said. Manchester City have indicated their intention to appeal the decision.12d
    BBC Sport@BBCSportManchester City have responded after the Premier League confirmed that the club have been found guilty of all charges related to breaches of Premier League financial rules between 2009-10 and 2017-18.12d
    indykaila News@indykailaOpen letter to the Premier League and Manchester City: The independent Commission has now found Manchester City guilty of serious and sustained breaches of Premier League financial rules. We therefore urge the Commission and the League to consider the following: 1. Sporting sanction of the highest order. Removal from the Premier League and placement in EFL League One would send an unambiguous message that the rules apply equally to every club. 2. Change of ownership. The current owners should be required to sell the club, so that a new ownership group can rebuild on a clean regulatory footing. 3. Squad reset that protects English football. The club’s leading players should be made available to other Premier League clubs, so that world-class talent remains in this country rather than being lost overseas. The Premier League’s brand is only as strong as the confidence that its rules will be enforced without fear or favour. This is the moment to prove that principle.12d
    Mike Keegan@MikeKeegan_DM🚨115 UPDATE 🔵Ferran Soriano, City CEO, has sent a three-minute video to all Manchester City staff in which he outlines the club's position & says it will continue to fight to clear its name & confirms appeal. 🗣️'The whole Premier League case against us is based on a single false accusation.' More @mailsport shortly12d
    YankeeGunner 🏆@YankeeGunnerCity's summer spending was clearly an effort to get ahead of sanctions. But the question is what recourse their players have. It's likely that City knew of the guilty verdict and did not disclose it to the players they signed. Could they potentially be released from their contracts? So much fallout ahead.12d
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