Manchester City have reportedly been found guilty of 114 of the 115 charges brought against them by the Premier League over alleged breaches of its financial rules.
According to The Athletic who broke the news on Friday, the verdict was communicated to Premier League clubs after Thursday’s meeting, with Manchester City found guilty on all but one of the charges.
The sanctions have not yet been determined, meaning the club could still face a range of possible punishments. City are also expected to appeal the verdict.
“The Premier League process remains ongoing, with significant elements to be completed, and subject to strict confidentiality”, The Athletic quoted a Manchester City spokesperson.
The spokesperson added that the club’s position remained consistent with its February 2023 statement and said City had “diligently respected due process” throughout the case.
The Premier League brought the charges against City over alleged breaches between 2009 and 2018. The investigation followed the publication of leaked financial documents concerning the club by German newspaper Der Spiegel in 2018.
For all breaking news and latest gist:
👉 JOIN GISTSMATE WHATSAPP CHANNELThe case was subsequently referred to an independent commission, which conducted the hearing into the charges.
Manchester City have consistently denied the allegations and maintained that they complied with the relevant rules.
The club has won eight Premier League titles, four FA Cups, seven League Cups and one Champions League under the ownership of Sheikh Mansour, with six of those major honours coming after the period covered by the charges.
WARNING: If You Are Not 18+, Don’t Click The Link Below 👇🫣
Did you want to monetize your website, join MONETAG or ADSKEEPER and start earning
Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it.
Drop your comment in the section below, and don’t forget to share the post.
Never Miss A Single News Or Gist, Kindly Join Us On WhatsApp Channel:
https://whatsapp.com/channel/0029Vad8g81Eawdsio6INn3B
Telegram Channel:
https://t.me/gistsmateNG