November 23, 2024

Man City are charged with multiple FFP violations

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Manchester City was charged by the Premier League for breaching financial rules in nine seasons, the league announced on Monday.

In a statement MondayThe Premier League confirmed that a number of alleged breaches between the 2009/10 and 2017/18 seasons have been referred to an independent commission after completing a four-year investigation.

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The statement read: “In accordance with Premier League Rule W.82.1, the Premier League confirms that it is today referring a number of alleged breaches of Premier League Rules by Manchester City Football Club to a commission under Premier League Rule W .3.4 referenced. “

ESPN has reached out to City for comment.

In July 2020, City had a two-year ban from UEFA club competitions lifted by the Court of Arbitration for Sport (CAS) after City were initially found guilty of “serious breaches” of financial fair play regulations between 2012 and 2016.

City were first charged by UEFA in March 2019, prompting the Premier League to launch its own investigation.

In its judgment clarifying City, CAS ruled that much of the evidence was outside of a five-year period. The Premier League was not bound by the same limit.

If City are found guilty of Premier League violations, possible penalties would be a fine, transfer embargo or point deductions.

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