Manchester City faces heavy sanction after financial scandal
A tense silence hangs over the Etihad Stadium as the Premier League officially announces that Manchester City has been found guilty on most of the charges in a four‑year financial scandal. The independent commission that has been investigating the case since 2018 confirmed 115 breaches, including 80 financial and 35 for lack of cooperation.
Scope of the breaches
The investigation covered the period from 2009/10 to 2017/18. During this phase the club is alleged to have artificially inflated revenue and reduced costs by around £900 million through so‑called “dummy contracts” with sponsors. The Premier League also accuses the club of having exceeded the spending limits of the league and UEFA.
Club's response
Manchester City responded with an official statement in which the club said it was “both disappointed and surprised” and stressed its innocence. CEO Ferran Soriano rejected the allegations and said he had “nothing to say” to a journalist’s questions. The club announced it would exhaust all available legal avenues and lodge an appeal by Friday.
Outlook on the proceedings
The Premier League announced that the sanction will be decided in a separate, private hearing. According to league chief Richard Masters, this is the most significant disciplinary case in Premier League history and the integrity of the competition is at stake. Possible penalties could include fines, point deductions and the stripping of titles from the period in question.
The charges include, in addition to the financial irregularities, the alleged concealment of the club’s true financial situation. The commission found that Manchester City’s conduct clearly intended to circumvent the Premier League’s rules.
While the exact details of the forthcoming sanctions remain confidential, the league emphasizes that the process will be expedited to provide clarity for the league, the clubs and the fans.