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Manchester City found guilty of sham payments by commission
Original: Manchester City guilty of ‘sham payments’ and inflating revenues by £900m, says independent commission
An independent commission has ruled that Manchester City made 'sham payments' and inflated revenues by around £900 million. The verdict marks a major escalation in the long-running financial case against the English champions, with reports from The New York Times highlighting the scale of the alleged misreporting. The finding raises the prospect of significant sporting and financial sanctions for the club.
Why now: The verdict in the high-profile financial rules case against one of the world's biggest football clubs has just been announced.
Manchester CityPremier LeagueThe New York Times
Evidence
- Manchester City guilty of ‘sham payments’ and inflating revenues by £900m, says independent commission · The New York Times
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