Man City accused by Premier League of alleged financial breaches
Manchester City have been referred to an independent commission by the Premier League over alleged breaches of its financial rules, the English top flight announced on Monday.
The alleged breaches span a period from the 2009/10 season to the 2017/18 campaign.
The defending champions are alleged to have breached league rules requiring provision “in utmost good faith” of “accurate financial information that gives a true and fair view of the club’s financial position”.
The Premier League said the accurate financial information required related to “revenue (including sponsorship revenue), its related parties and its operating costs”.
The second set of breaches listed refers to alleged breaking of rules “requiring a member club to include full details of manager remuneration in its relevant contracts with its manager” related to seasons 2009/10 to 2012/13 inclusive
The club’s manager between December 2009 and May 2013 was current Italy boss Roberto Mancini.
The second set of alleged breaches also refers to requirements for a club to “include full details of player remuneration within the relevant contracts”.
The third section deals with alleged breaches of Premier League rules requiring clubs to comply with UEFA Financial Fair Play regulations.
City were banned from UEFA competitions for two years by European football’s governing body for alleged breaches of its FFP regulations in February 2020, but the sanction was overturned by the Court of Arbitration for Sport in July of the same year.