Manchester City faces 115 charges over financial rule breaches
Man City hearing on financial breaches to begin, could last two months
Manchester City’s long-anticipated hearing on alleged financial rule breaches will commence later today. The club, currently the Premier League titleholders, faces 115 charges related to financial misreporting spanning from 2009 to 2018. During this period, City clinched the Premier League title three times.
The charges encompass various aspects, including revenue reporting, manager and player remuneration, adherence to UEFA regulations, profitability and sustainability, and cooperation with league investigations. City has denied all allegations and will address them at an independent hearing at an undisclosed location. The hearing may extend up to two months, with a verdict anticipated in early 2025. If found guilty, City could face penalties such as point deductions or expulsion from the Premier League.
In recent history, Everton and Nottingham Forest both faced points deductions for violating the Premier League’s profit and sustainability rules. The accusations against City include failing to provide accurate financial information and incomplete disclosure of remuneration for a manager during the 2009-10 to 2012-13 seasons.
Roberto Mancini, who managed the club from December 2009 to May 2013, is the manager in question. Further breaches involve non-compliance with UEFA Financial Fair Play regulations from 2013-14 to 2017-18 and violations of the Premier League’s profitability and sustainability rules during the 2015-16 to 2017-18 seasons. Additionally, the club allegedly failed to assist with Premier League investigations from December 2018 to February 2023.
What Other Media Are Saying
- Gaydio highlights Manchester City’s long-awaited hearing over alleged breaches of Premier League financial rules, emphasizing the 115 charges and potential severe penalties including points deduction or expulsion. (Read more)
- Sky Sports reports that Manchester City’s 115 alleged financial fair play breaches will be heard in a Premier League hearing starting Monday, potentially lasting up to two months. (Read more)
- AP News: Manchester City’s financial breaches hearing starts, with 100 allegations spanning nine years, amid Pep Guardiola’s assurance of the club’s innocence until proven guilty. (Read more)
Frequently Asked Questions
Here are some common questions asked about this news
What are Manchester City accused of?
They are accused of 115 breaches of financial rules, including inaccurate financial info, undisclosed remunerations, and non-compliance with UEFA regulations.
When will the hearing for Manchester City’s financial breaches start?
The hearing will begin later today at an undisclosed location.
How long could the trial for Manchester City’s financial breaches last?
The trial could last up to two months.
What are the potential consequences for Manchester City if found guilty?
They could face a points deduction or even expulsion from the Premier League.
Who was Manchester City’s manager during the alleged undisclosed remunerations period?
Roberto Mancini, from December 2009 to May 2013.
