09/29/26 01:07:00
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09/29 13:05 CDT Man City guilty of almost all the 115 financial charges,
Premier League says in explosive verdict
Man City guilty of almost all the 115 financial charges, Premier League says in
explosive verdict
By JAMES ROBSON and STEVE DOUGLAS
AP Sports Writer
MANCHESTER, England (AP) --- Manchester City has been found guilty of arranging
"sham" contracts as part of a slew of financial breaches that helped it
dominate English soccer in what's become the biggest scandal in Premier League
history.
City, in an independent panel's verdict published Tuesday, was found guilty of
almost all of the unprecedented 100-plus charges against it over a nine-year
period in which the Abu Dhabi-backed team changed the landscape of the richest
and most popular soccer league in the world.
City's alleged financial wrongdoing was worth in excess of 900 million pounds
($1.19 billion), and Premier League chief executive Richard Masters said the
ruling showed City "systematically broke Premier League rules for nearly a
decade."
"This disciplinary case, and this decision, are the most significant in Premier
League history," Masters said.
City now faces severe sanctions that could include a huge points deduction or
even expulsion from the league, causing severe reputational damage to its Abu
Dhabi ownership.
The Premier League said sanctions will be decided in a separate hearing held by
the independent commission.
City has always denied wrongdoing and said in a statement that it was
"disappointed and surprised" by the ruling. It also plans to further drag out a
case that has already run for more than three years by appealing the verdict
and said it would be "relentless" in its fight to clear its name.
Any appeal by City would have to be made by Friday, the league said. City chief
executive Ferran Soriano was asked for comment by broadcaster Sky News, but
replied: "I have nothing to say, thank you."
The explosive ruling comes after it emerged last week that the charges against
City were expected to be upheld following an exhaustive process.
The Premier League initiated its case more than three years ago and allegations
first arose in 2018 from leaked club emails and documents.
City was accused of a raft of financial violations from 2009-18 --- a period
when the northwest club, long in the shadow of great rival Manchester United,
was transforming itself into a record-breaking global superpower that has won
multiple Premier League titles and the Champions League.
The violations included failing to provide accurate financial information and
submitting inflated figures for sponsorship deals out of Abu Dhabi, hiding
payments and breaching financial rules established by the Premier League and
UEFA, European soccer's governing body, intended to keep clubs financially
stable by not spending beyond their means.
On top of that, City faced many other charges of failing to cooperate with the
investigation between 2018-23.
"An independent commission has found Manchester City guilty of all charges
related to serious breaches of the Premier League's financial rules over a
nine-season period," the league said, "and the majority of charges in relation
to its failure to co-operate with the league's investigation."
Regarding the sponsorship deals, the league said: "Manchester City arranged
?sham' contracts (which misrepresented the true agreement between the parties)
with a number of its commercial partners, as well as relying on ?sham'
agreements with others, to artificially inflate the club's revenues and reduce
its costs.
"The club," the league added, "filed misstated accounts and concealed the true
state of its finances from its auditors and football regulators."
The purpose of City's "schemes" was found to have been to "artificially inflate
the club's revenues, and reduce its costs, by more than 900 million ($1.19
billion) during the affected period, to appear to comply with financial rules,"
the league said.
The finding suggests that City's rise to the top of the English game, fueled by
investments from Abu Dhabi that delivered by its expensively assembled,
star-studded squads, was achieved at lest in part by evading the league's
financial regulations.
Tuesday's verdict is set to bring chaos to English soccer in general,
triggering a slew of lawsuits from rival clubs calling for compensation for
having been impacted by City's actions.
There's also the question of whether City's top stars, like Erling Haaland and
Rayan Cherki, will stay at the club and what the future holds for Sheikh
Mansour bin Zayed Al Nahyan. He is the deputy prime minister of the United Arab
Emirates and a member of Abu Dhabi's royal family who bought City in 2008 and
has gone on to own a group of worldwide teams --- under the City Football Group
banner --- including New York City FC and Melbourne City.
City has always protested its innocence in the case, saying in 2023 when the
charges were laid that there was a "comprehensive body of irrefutable evidence
that exists in support of its position."
Even over the weekend, City chairman Khaldoon Al Mubarak said there remained a
"confidence and intent in proving the club's innocence."
The appeal could end up in the High Court in London if City feels the process
in the case was unfair and/or impartial.
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