Manchester City have been referred to an independent commission by the Premier League over more than 100 alleged breaches of its financial rules spanning nine seasons.
From the 2009/10 season to the 2017/18 campaign, the reigning Premier League champions are alleged to have breached league rules requiring provision “in utmost good faith” of “accurate financial information that gives a true and fair view of the club’s financial position”. City, owned by the Abu Dhabi United Group, are also accused of not cooperating with the league’s investigation which has been conducted over four years.
It’s an unprecedented situation and scale of breaches and, if found guilty, they could face anything from a significant points deduction and/or heavy fine to expulsion from the Premier League. Under league rules City cannot appeal any sanction to the Court of Arbitration for Sport (CAS).
