City charged over alleged financial rule breaches

 Manchester City have been charged and referred to an indepen­dent commission by the Premier League over alleged breaches of its financial rules.

A Premier League statement said: “In accordance with Rule W.82.1, the Premier League con­firms that it has today referred a number of alleged breaches of the Premier League Rules by Manches­ter City Football Club to a Com­mission under Premier League Rule W.3.4.”

The alleged breaches span a period from the 2009-10 season to the 2017-18 campaign. The club 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”.

The league says the accurate financial information required related to “revenue (including sponsorship revenue), its related parties and its operating costs.”

The second set of breaches listed refers to alleged breaking of rules “requiring a member club to include full details of manager re­muneration in its relevant contracts with its manager,” related to sea­sons 2009-10 to 2012-13 inclusive. —

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