Premier League side Manchester City have been charged by the Premier League for multiple breaches of financial rules.
City have been under investigation and the Premier League finally thinks they have found the Pep Guardiola side guilty and that the club have been referred to an independent panel in relation to the alleged charges.
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“Commissions are independent of the Premier League and member clubs. The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private,” part of a statement from the Premier League noted.
City has been found with 98 breaches dating between 2009 and 2018 with these include providing “accurate financial information that gives a true and fair view of the club’s financial position” as well as including full details around compensation paid to managers and staff upon departure.
The case will be referred to an independent commission who will investigate the charges where a possible points deduction could be one of the punishments if the cases are found to be true.
The news comes after UEFA banned City for two years and fined the club €30 million (about £27 million) for alleged financial fair play breaches connected to sponsorship payments in 2020 before the ban was overturned by the Court of Arbitration for Sport.
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