English football champions Manchester City have to answer for alleged violations of the financial rules of the Premier League.
English football champions Manchester City have to answer for alleged violations of the financial rules of the Premier League.
As announced by the English football league, it has commissioned an independent commission to investigate the allegations against the club, which is supported by sheikhs from Abu Dhabi.
Accordingly, Man City is said to have violated applicable rules during a total of nine seasons between 2009 and 2018. The league accuses club officials of providing incorrect financial information, “particularly in relation to their revenue (including sponsorship revenue), their related parties and their operating expenses,” it said. Man City initially did not comment on the allegations.
In 2020, Man City successfully defended themselves against a two-year suspension in the European Cup before the European Court of Arbitration for Sport. The European Football Union UEFA had imposed the suspension for “serious violations” of the rules of Financial Fair Play. At the time, UEFA referred to a period between 2012 and 2016.
Source: Stern
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
