Manchester City have expressed disappointment and astonishment following a statement by the Premier League confirming that the club has been found culpable of all charges relating to significant violations of financial regulations.
In a comprehensive statement, it was disclosed that the club had orchestrated ‘fraudulent’ sponsorship arrangements, submitted inaccurate financial statements, and contravened expenditure constraints to ‘artificially enhance the club’s financial revenues and reduce its expenditures by exceeding £900 million throughout the relevant timeframe’.
The football club also committed numerous infractions regarding its obligations to cooperate and maintain complete t...
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EPL: Man City respond to Premier League guilty verdict, reveal next action
Source: Daily Post
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