Manchester City has been accused of multiple financial rule violations by the Premier League and the case has been referred to an independent commission. The club has expressed surprise at the charges and stated that they are open to the review of the matter.
Manchester City has expressed surprise over the charges by the Premier League for numerous alleged violations of financial rules spanning from the 2009-10 season to the 2017-18 season.
Manchester City is accused of breaking league rules that mandate the provision of “accurate financial information that gives a true and fair view of the club’s financial position” in utmost good faith. The required information is said to include “revenue (including sponsorship revenue), its related parties and its operating costs”. Additionally, the club is accused of violating rules that mandate the inclusion of “full details of manager remuneration in its relevant contracts with its manager” for the seasons between 2009-10 and 2012-13 inclusive.
Roberto Mancini was the manager of Manchester City from December 2009 to May 2013.
In addition to the manager remuneration allegations, the club is also accused of not including full details of player remuneration within the relevant contracts for the seasons from 2010-11 to 2015-16.
The third set of allegations concern the club’s compliance with UEFA financial fair play regulations from 2013-14 to 2017-18, which is said to have violated Premier League rules.
In 2020, Manchester City had their two-year ban from European football lifted by the Court of Arbitration for Sport (CAS) after the club financial control body (CFCB) of UEFA suspended them for “serious breaches” of club licensing and financial fair play regulations.
The fourth set of charges relate to the club’s compliance with the Premier League’s profitability and sustainability rules from 2015-16 to 2017-18.
Finally, the club is accused of violating league rules requiring cooperation and assistance with Premier League investigations from December 2018 to the present day.
