English Premier League accuses Manchester City of breaking financial rules

English Premier League accuses Manchester City of breaking financial rules




CNN
 — 

The English Premier League has accused Manchester City of financial information breaches and referred the club to an independent commission, according to a statement released on Monday.

City is accused of failing to provide accurate financial information in accordance with Premier League rules from the 2009-10 season until the 2017-18 campaign.

“The members of the Commission will be appointed by the independent Chair of the Premier League Judicial Panel,” the Premier League statement said, adding that the proceedings will be “confidential and heard in private.”

The Premier League also alleges that City failed to comply with UEFA’s financial fair play (FFP) regulations from the 2013-14 to 2017-18 seasons and failed to follow the Premier League’s rules on profit and sustainability from the 2015-16 to 2017-18 seasons.

City was acquired by The…

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