Premier League Confirms Manchester City Guilty Of ALL Financial Rules Breach Charges

News sportsfootball Premier League Confirms Manchester City Guilty Of ALL Financial Rules Breach Charges. Manchester City have been found guilty of a 900 million pound rule breach.

The league said the independent commission found that City 'arranged sham contracts' with several sponsors to 'artificially inflate the club's revenues and reduce its costs', concealed the true state of its accounts and 'significantly' broke the spending limits set by the PL and the UEFA. The commission found that these breaches saved Man City about £900 million (approx Rs.

The commission concluded that 'by its conduct the club clearly intended to circumvent the PL Rules'. "The core decision establishes the facts of what happened at Manchester City during this period," Richard Masters, Chief Executive of the Premier League, said in a strong statement.

"It details how the club systematically broke Premier League Rules for nearly a decade. It also vindicates the Premier League's decision to pursue this case against Manchester City.

While the process to date has been both long and difficult, the League has remained determined that the facts be established independently. "It is a key responsibility of the Premier League to ensure that the Rules, approved by the clubs themselves, are upheld to protect the integrity of the competition.

It is paramount that the League remains competitive and fair for all clubs and for the fans. We take that role extremely seriously.

This disciplinary case, and this decision, are the most significant in Premier League history. There are elements of the case that remain to be decided, including, importantly, what sanction must follow for these breaches.

Now we have the Commission's decision, we are committed to moving swiftly through the remainder of the process, to provide certainty for the League, our clubs and fans," he added. The League said it'll now undertake a separate inquiry to decide the sanctions against City.

"The club has the right to appeal the independent Commission's findings and has until Friday 2 October to exercise that right," it said. Commission 'regrets' delay in announcement The Premier League began its investigation into Manchester City in December 2018 before issuing a complaint under Section W of its rules in February 2023."