✉news SportSoccer first seen 9 h ago, last 1 h ago, peak #3
Manchester City found guilty of £900m financial misstatements
Original: Manchester City guilty of ‘sham payments’ and £900m of financial misstatements, independent commission finds
An independent commission has ruled that Manchester City committed 'sham payments' and made around £900m in financial misstatements, a landmark verdict in the long-running dispute between the club and the Premier League over breaches of financial rules. The finding ranks among the most serious in English football and is expected to trigger appeals and potentially unprecedented sanctions against the club.
Why now: A verdict in one of football's biggest financial rules cases has major implications for the Premier League and the club's titles and future.
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Evidence
- Manchester City guilty of ‘sham payments’ and £900m of financial misstatements, independent commission finds · The New York Times
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