Premier League accuses Manchester City of financial irregularities and could face severe sanctions

The Premier League on Monday released a statement stating that Manchester City had committed several financial irregularities. During the last years.

He also said that he did not provide data on the coach’s salary for four years, the club’s income, including sponsorship; In addition to failing to comply with UEFA financial fair play and license regulations.

The allegations relating to the period from 2009 to 2018 have been referred to an independent commission, which will now investigate them. There is no set date for it.

The English League also emphasized that the civic club did not provide the necessary documents and information. for research collaboration that was from 2018 to 2023.

“Manchester City FC is shocked by the publication of these alleged violations of the Premier League rules, especially given the extensive interaction and many detailed materials that have been provided by the EPL. The club welcomes consideration of this issue by an independent commission.impartially consider the full body of irrefutable evidence that exists in support of his position, ”the Manchester club said in a statement.

The case will now be reviewed by an independent commission, which will be responsible for determining what disciplinary sanctions will be applied to the club. in which there are among the options the loss of points, the suspension of sanctions by managers and even demotion.

City could also face economic penalties, as happened in 2020 when it was sanctioned by UEFA for $30 million., which were reduced to 10 after applying to the Court of Arbitration for Sport. The commission could also prevent City from signing new players.

The first and last time a Premier League side was penalized for losing points was Portsmouth in the 2009/2010 season. for bankruptcy.

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Author: Reinaldo Oliveros
Source: La Opinion

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