Premier League - Manchester City is accused of breaking financial rules

Premier League has recently accused Manchester City of claiming that "citizens" have committed over 100 different breaches of financial rules. According to the English authorities, the violations are believed to have occurred between 2009 and 2018. The Premier League has also accused the club of a lack of cooperation since the investigation began. 

The news has caused a stir around the world, as City could face heavy penalties, which could affect not only their progress in the championship, but also in international competitions. The club responded with an official statement following the allegations, hinting that it will not give up easily in this legal battle:

"Manchester City is surprised by the release of these alleged breaches of Premier League rules, particularly given the extensive engagement and large amount of detailed material that has been sent to the Premier League. The club welcomes the review of this matter by an independent commission, to judge impartially the totality of the incontrovertible evidence that exists in support of our position... We expect this matter to be decided once and for all."

To be more specific, City is accused of manipulations regarding the club's income, costs, as well as contracts with sponsors. The Premier League has also charged the club with breaches of financial fair play imposed by UEFA, as well as several other breaches related to Premier League profits.

Proving the charges is expected to follow a lengthy legal process, but if proven, the penalties could be severe. The Premier League authorities do not have a well-defined code for such situations, but punishments can consist of points being deducted, championship titles being reviewed, and even elimination from the Premier League in the most extreme case.

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