Man City’s ‘expected’ punishment if they are found guilty of over 100 breaches

Manchester City are expecting to be handed a small points deduction if they are found guilty of financial breaches, according to the latest reports.

The champions were slapped with over 100 violations of Financial Fair Play (FFP) regulations on Monday (February 6), following a four-year investigation by the Premier League. It's alleged that City have failed to provide accurate financial information in terms of club revenue, sponsorship revenue and operating costs over the course of nine seasons.

The period in question covers the 2009/10 campaign up until the 2017/18 season, a spell in which City claimed the first three of their six Premier League titles.

READ MORE: Rival clubs 'want Man City relegated' if found guilty of 100-plus financial breaches

It had been suggested Pep Guardiola's side could be stripped of their titles and expelled from the league altogether but Sky Sports report that City will most likely face a small points deduction should they be found guilty by an independent commission.

Barrister Murray Rosen KC, a passionate Arsenal fan, has been appointed as the chair of the commission looking into City's finances. He will also be entrusted with appointing other members of the panel but, given that the initial investigation lasted four years, an outcome is not expected for some time.

HAVE YOUR SAY! Can Man City catch Arsenal in the race for the title? Let us know in the comments section.

The champions are once again set to employ the services of Lord Pannick KC of Blackstone Chambers to help fight their latest legal battle. The House of Lords crossbencher was previously installed to help overturn a two-year suspension from European club competitions in 2020 after UEFA accused City of "serious breaches" regarding Financial Fair Play rules between 2012 and 2016

In a public statement, the champions announced they were "surprised by the issuing of these alleged breaches" and have welcomed "the review of this matter by an independent Commission."

It reads: "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."

READ NEXT:

  • Man City hire lawyer who charges £400k-a-week and helped Boris Johnson over Partygate

  • We 'relegated' Man City to League One – there's a shock new manager and results are iffy

  • Man City accused of paying manager 'from bank accounts of two different clubs'

Source: Read Full Article