By Sabiu Abdullahi

Manchester City have reportedly been found guilty of 114 out of 115 alleged breaches of the Premier League’s financial regulations.

The verdict was reportedly reached by an independent panel after a lengthy hearing into the club’s financial affairs.

The charges relate to allegations that City failed to provide accurate financial information across nine seasons, from 2009-10 to 2017-18. The Premier League formally brought the case against the club in 2023 after a four-year investigation.

The independent hearing concluded in 2024, but the outcome was delayed for almost two years before reports of the verdict emerged.

Manchester City have consistently denied wrongdoing and are expected to appeal the findings. The club has also indicated that the Premier League process remains ongoing, with significant elements still to be completed.

No punishment has yet been announced. Possible sanctions under the Premier League rules include a points deduction, financial penalties and removal from the competition.

There has also been speculation about the possible effect of any points deduction on previous seasons. However, no decision has been made to strip Manchester City of any Premier League titles.

The reported findings cover alleged breaches involving financial reporting and other financial regulations. City’s position remains that it has not breached the rules and the club is expected to challenge the verdict through the available appeal process.

The case is one of the most significant financial disputes in Premier League history, with the final sanctions and outcome of any appeal still to be determined.

ByAdmin

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