by Man City release brief 79 word statement after financial breach charges and face points deductions and sanctions
MANCHESTER CITY have released a statement after being charged with alleged breached of financial regulations.
In a defiant 79 word statement, the club said they were “surprised” by the charges, issued by the Premier League.
The charges relate to breached financial regulations over nine seasons between 2009 and 2018.
They have also been charged with breaching rules requiring them to assist in the investigation, from the 2018-19 campaign to the current season.
The investigation itself into City started way back in December 2018.
An independent commission will now look into the Premier League’s findings.
The commission can issue punishments to the club ranging from expulsion from the Premier League to points deductions, fines, and transfer bans.
In response, City said: “Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with.
“The Club welcomes the review of this matter by an independent Commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position.
“As such we look forward to this matter being put to rest once and for all.”
A Premier League statement said City breached rules requiring them to provide “accurate financial information that gives a true and fair view of the club’s financial position”.
The Premier League also accused City of failing to cooperate and assist with the investigation.
At this stage the Etihad club have been charged, but not found guilty.
However, they would not be able to appeal to the Court of Arbitration for Sport if the ruling does go against them.
More to follow…
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