Manchester City has issued a statement claiming their “surprise” after the Premier League issued a series of alleged breaches to the competition’s financial rules.
City could face significant penalties for the alleged breaches, with talk of titles being stripped, a points deduction or the club even being booted out of the top flight.
That all remains to be seen amid a raft of allegations dating back to 2009-10 and up to 2017-18, which have come to light as part of a lengthy investigation, with the matter now referred to an independent commission.
“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 said in a statement.
“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.”
There are five outlined alleged breaches in the Premier League statement, around the provision of accurate financial information, full details of manager remuneration and player remuneration.
There are also alleged breaches of the Premier League rules for complying to UEFA’s financial fair play regulations along with issues around the league’s profitability and sustainability rules.
City previously overturned a two-year ban from European football for serious breaches of club licensing and financial fair regulations at the Court of Arbitration for Sport.
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