EPL: Manchester City charged for breaching financial rules, risk point deduction

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Manchester City has been found to have breached financial rules in the English Premier League.

This comes following a four-year investigation into sponsors and contracts regarding the blue side of Manchester City.

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The alleged breaches span a period from the 2009-10 season to the 2017-18 campaign.

During the stated period, Man City won the Premier League titles three times, one FA Cup and three Carabao Cups.

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They risk points reduction from this season accrued points so far.

City are currently placed second with 45 points from 21 games so far.

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The 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 league says the accurate financial information required related to “revenue (including sponsorship revenue), its related parties and its operating costs”.

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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.

 

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