Manchester City Found Guilty of Sham Contracts and Misleading Accounts
· Sports · BBC News, BBC Sport, Indian Express
The Premier League has confirmed that Manchester City were found guilty of all charges related to breaches of financial rules between 2009-10 and 2017-18. An independent Commission found that the club arranged sham contracts with commercial partners to artificially inflate revenues and reduce costs. The redacted report detailed well over 100 alleged individual breaches across four broad charge categories, including a disguised funding scheme amounting to £830.69m. The club was also found guilty of the majority of charges regarding non-cooperation with the league's investigation. Premier League Chief Executive Richard Masters stated that the core decision establishes how the club systematically broke rules for nearly a decade to protect competition integrity.
Why it matters
This ruling directly impacts Manchester City's standing in English football and sets a major precedent for financial regulation enforcement across elite European clubs.
Read the original report — BBC News
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