Sports

Man City accused by Premier League of alleged financial breaches

LONDON: 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.

READ: Pakistan’s Atif Butt crowned ‘King of Iron Fist’ in Tekken World Tour

Recent Posts

Dortmund, Bayern runs put Leverkusen title in perspective: Xabi Alonso

The success of Borussia Dortmund and Bayern Munich in Europe this season highlights how impressive…

5 hours ago

Bangladesh recall Shakib Al Hasan for last two Zimbabwe T20s

Bangladesh on Wednesday recalled all-rounder Shakib Al Hasan and pace bowler Mustafizur Rahman for the…

7 hours ago

Pakistan women’s team holds training session on third day

LEICESTER: Pakistan women’s team participated in the training session on the third day at Uptonsteel…

7 hours ago

Pakistan beat Canada to put one foot in Sultan Azlan Shah Cup final

IPOH: Pakistan continued their dominant run as they defeated Canada 5-4, inching further closer to…

8 hours ago

Papua New Guinea announce squad for ICC T20 World Cup 2024

Papua New Guinea (PNG) announced a 15-member squad for the upcoming ICC Men’s T20 World…

9 hours ago

Kylian Mbappe denied dream PSG farewell after Champions League exit

Kylian Mbappe will not get his dream farewell from Paris Saint-Germain (PSG) after their shock…

11 hours ago