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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 overstated its finances by around £900 million. The findings mark the conclusion of a long-running Premier League investigation into the club's finances. Attention now turns to what sanctions the club could face, with penalties likely to spark fierce debate across football.
Why now: The long-awaited verdict in football's biggest financial rules case has finally been delivered, with major implications for the club and the Premier League.
Evidence
- Manchester City guilty of ‘sham payments’ and £900m of financial misstatements, independent commission finds · The New York Times
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