epl-en : Manchester City Faces Possible Relegation Over Alleged Premier League Rule Breaches
Icaro
The anticipated hearing into Manchester City's alleged 115 breaches of Premier League financial rules is set to kick off next month, with the outcome expected in early 2025. The independent inquiry, initially set for November, will now likely commence in September, provided no further legal delays. Lasting ten weeks, the commission is poised to deliver its verdict at the start of the nearing year. Notably, City could face relegation should the serious accusations be substantiated.
The accusations against City include not furnishing accurate financial information for nine seasons, failure to disclose Roberto Mancini's complete pay during his tenure, and incomplete details of player remuneration, particularly involving former player Yaya Touré. An additional charge suggests City's non-compliance with a five-season investigation from 2018-2019 to 2022-2023. Despite the charges, City has persistently denied any transgressions, backed by Lord Pannick KC in defense.
The Premier League's investigation into City commenced in 2018 following Football Leaks documents released by Der Spiegel, indicating discrepancies in payment records and agreements. While City was provisionally banned from European competition in 2019, the sanction was later overturned by the Court of Arbitration for Sport. Notably, revelations of purported "disguised equity funding" have prompted further scrutiny regarding the source of £30 million allegedly provided by an UAE entity.
Comments on social media encompass a wide spectrum of perspectives, from skepticism over likely penalties to suggestions of relegation and hefty financial sanctions. Speculations range from £250k fines to significant points deductions and relegations for both City and other clubs. Fans express a mix of cynicism, disdain, and optimism over the impending verdict and its potential repercussions.
As the investigation looms, the fate of Manchester City hangs in the balance, with repercussions that could reshape the Premier League's landscape and establish new precedents for financial accountability and integrity within the league.
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