Manchester City have been found guilty of all but one of the 115 charges related to breaching the Premier League’s financial rules in a verdict that will send shockwaves through English football.
Two years after the case began the independent panel that presided over the case has reached its decision – with Premier League clubs understood to have been informed at a meeting of top flight clubs on Thursday.
No sanctions have been decided yet and City are expected to appeal the decision, having long maintained their innocence in relation to the unprecedented charges that they breached top flight financial rules.
Although the case is unprecedented in scale, it has been claimed that City could be relegated or stripped of titles if found guilty.
The Athletic reported on Friday that City had been found guilty of all but one of the charges. The Premier League and City have been approached for comment.
City have been accused by the Premier League of failing to provide accurate financial information and details of payments to players and coaches. They have also been accused of breaches of Uefa’s financial fair play regulations and the league’s profitability and sustainability rules (PSR).
More to follow.
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