The Premier League has released an official statement confirming that Manchester City have been found guilty of breaching the competitions’ financial rules over a nine-season period.
It noted that most of the charges are in relation to its failure to co-operate with the League’s investigation.
The independent commission found that between seasons 2009/10 and 2017/18:
– Manchester City arranged ‘sham’ contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs.
– The club filed misstated accounts and concealed th...
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BREAKING: Premier League releases statement, confirms Man City guilty of all charges
Source: Daily Post
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