3 days Ago By Jamie Gardner
The long-awaited hearing into Manchester City ’s alleged 115 breaches of the Premier League ’s financial rules is to begin on Monday. The champions were referred to an independent commission in February 2023 following a four-year investigation. The Premier League said the alleged breaches took place over a nine-season period, from 2009 to 2018, and relate to providing accurate financial information.
City are also charged with failing to comply with the Premier League’s rules on profit and sustainability (PSR) and Uefa’s financial fair play regulations, and are alleged to have not cooperated with the Premier League over its investigation. The club won the Premier League three times between 2009 and 2018. City, who deny all charges, announced their “surprise” when they were referred to the independent commission last February.
The club won an unprecedented fourth Premier League title in a row last season. The Premier League opened an investigation into City way back in 2018 and after a number of legal delays, charges were finally laid in February 2023 and the club were referred to an independent commission. The charges against City relate to the requirement to accurately report financial information, including around the value of sponsorship deals, the submission of details of manager and player pay information and to a club’s responsibility as a Premier League member to adhere to Uefa’s financial regulations and to the league’s own profitability and sustainability rules (PSR).
They are also accused of failing to co-operate with the league’s investigation. In all, there are charges relating to every season between 2009-10 and 2022-23. The club issued a statement strenuously denying the allegations on the day the charges were brought, saying they they welcomed the opportunity for an independent commission “to impartially consider the comprehensive body of irrefutable evidence that exists in support of our position”.
The club added: “As such, we look forward to this matter being put to rest once and for all.” So much is at stake. City, the winners of the Premier League in each of the last four seasons, face a huge points deduction or even expulsion from the league if found guilty of the serial cheating they are accused of.
A guilty verdict for City could also prompt a slew of compensation claims from other Premier League clubs and even potentially affect diplomatic relations between the United Kingdom and the United Arab Emirates, where City owner Sheikh Mansour is a deputy prime minister. If City’s position is vindicated, on the other hand, it will lead to serious questions about the Premier League’s ability to effectively govern its clubs and enforce financial regulations, at a time when football is set to become subject to independent regulation. The hearing is widely reported to be scheduled for 10 weeks, with the commission’s outcome to follow early next year.
In the likely event of an appeal, the final decision may not be handed down long before the current season ends..
