The Premier League of England published a statement on Monday in which it indicated that Manchester City incurred in several financial irregularities During the last years.
He also reported that he did not provide data on the coach’s salary for four years, the club’s income, including sponsorships; In addition to not having complied with the UEFA regulation regarding financial ‘fair play’ and license.
The accusations, referring to the period between 2009 and 2018, have been referred to an independent commission, which will now be in charge of investigating them. There is no set date for it.
The English league also highlighted that the citizen club did not provide the necessary documents and information for research cooperation that was from 2018 to 2023.
“Manchester City FC is shocked by the publication of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and wealth of detailed materials that have been provided to the EPL. The Club welcomes the review of this matter by an independent Commissionto impartially consider the full body of irrefutable evidence that exists in support of his position,” the Manchester club said in a statement.
Now, the case will be evaluated by an Independent Commission that will have the responsibility of determining what the disciplinary sanction will be for the club. in which are among the options loss of points, suspension sanctions to managers and even demotion.
City can also receive economic fines, as happened in 2020, when UEFA sanctioned him with 30 million dollars, which were reduced to 10 after appeal to the Court of Arbitration for Sport. The commission can also prevent City from signing up new players.
The first and last time that a Premier League team received a penalty for the loss of points was Portsmouth in the 2009/2010 season. for going bankrupt.
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