Premier League finds Man City used sham contracts to boost revenues

In a statement released six minutes ago, the Premier League announced that Manchester City have been found guilty of every charge relating to breaches of its financial rules between the 2009‑10 and 2017‑18 seasons.

Sham contracts and inflated revenues

An independent Commission concluded the club arranged “sham contracts” with several commercial partners and relied on those agreements to artificially inflate revenues while reducing costs.

Premier League finds Manchester City guilty of infractions

The league also said City were guilty of the majority of charges for failing to co‑operate with the investigation, although no exact figure was disclosed.

Premier League finds Manchester City guilty of decade‑long financial breaches