Manchester City charged by Premier League for alleged 'financial breaches' | OneFootball

Manchester City have been charged by the Premier League for multiple breaches of financial rules.

The champions have been under investigation for four years and the league confirmed in a statement on Monday morning that the club have been referred to an independent panel in relation to the alleged charges.

City have been accused of breaking financial rules with 98 breaches stated dating between 2009 and 2018.

The Premier League have revealed that those alleged breaches include providing “accurate financial information that gives a true and fair view of the club’s financial position” as well as including full details around compensation paid to managers and staff upon departure.

The case will be referred to an independent commission who will investigate the charges where a possible points deduction could be one of the punishments if the cases are found to be true.

The league stated: “Commissions are independent of the Premier League and member clubs.

“The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private.”

UEFA banned City for two years and fined the club €30 million (about £27 million) for alleged financial fair play breaches connected to sponsorship payments in 2020 before the ban was overturned by the Court of Arbitration for Sport, which said “most of the alleged breaches were either not established or time-barred”.

Manchester City have yet to respond to the allegations.