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The Premier League has officially declared that Manchester City FC is guilty of multiple breaches of the league’s Financial Fair Play regulations, following a thorough investigation by an independent commission. The club was found to have committed serious violations over a span of nine seasons, in addition to failing to cooperate fully with the inquiry.
The independent commission’s findings reveal that between the 2009/10 and 2017/18 seasons, Manchester City deliberately concealed the true state of its financial accounts from both auditors and regulators. This included artificially inflating its revenues by in excess of £900 million, a substantial distortion of the club’s financial position.
Details of the Investigation and Response
Despite the conclusive verdict, no official sanctions have yet been imposed on Manchester City. The Premier League’s statement emphasized the seriousness of the infractions, underscoring how the club systematically breached league rules for nearly a decade.
Richard Masters, Chief Executive of the Premier League, commented on the ruling, highlighting that the commission’s decision has established the factual record of what transpired within the club during this period. The findings paint a clear picture of deliberate and sustained manipulation of financial data aimed at circumventing league regulations.
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