What Manchester City risks for the 115 breaches and violations of the Premier League’s Financial Fair Play: the maxi-proceedings will begin on Monday 16 September.
Monday, September 16, 2024 the process that sees the Manchester City accused of 115 violations and violations of the Financial Fair Play from the Premier LeagueThe reigning English champions are accused of having managed the own accounting fraudulently for nine years, starting from 2009, falsifying the balance sheets e hiding improper funding.
The proceedings are expected to last ten weeks, with the commission members expected to deliver their verdict in early 2025. The outcome of the case which sees the Citizens against Premier League rules on related party agreements.
What Manchester City risks for 115 violations of the English FFP
Manchester City face relegation from the Premier League to the Championship if the most serious allegations are proven: the alleged breaches include failing to provide accurate financial information for nine seasons, as well as failing to disclose details of former manager Roberto Mancini’s salary during his four seasons at the club (2009-13) and player salaries (including Yaya Touré, who played for City for six seasons from 2010-11 to 2015-16).
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The club has been accused of failing to cooperate with the investigation and failing to hand over requested documents for five seasons from 2018-2019 to 2022-2023. The club has consistently denied any wrongdoing and has said it has “irrefutable evidence” that will exonerate it beyond any doubt. The club has hired Lord Pannick KC to defend itself against the PL’s allegations.
Based on the sanction imposed on Everton last season, namely 10 penalty points, if the accusations against Manchester City were proven by the independent commission, the English tabloids have brought several hypotheses to the table: from relegation to a huge fine, which could reach almost 500 million euros, and which would represent a sort of ‘compensation’ to be redistributed to the other clubs.
The biggest penalty in English football history was handed down to Luton Town in the 2008/09 season, and was 30 points for irregular player transfers.
Source: www.fanpage.it
