(Reuters) - The Premier League has charged Manchester City with alleged violations of its regulations, starting from 2009 and continuing into the current 2022-23 season.
For every season from 2009-10 to 2017-18, Manchester City are alleged to have breached rules that require clubs to provide accurate financial information to give the league a"true and fair view" of the club's revenues, including sponsorships, and operating costs.
City are part of the City Football Group, which is majority owned by Sheikh Mansour bin Zayed Al Nahyan, half-brother of the ruler of Abu Dhabi.The Premier League contends that City were in violation of rules requiring clubs to comply with European soccer governing body UEFA's Financial Fair Play regulations for the seasons from 2013-14 to 2017-18.
UEFA have previously claimed City failed to cooperate with their investigation on FFP breaches in 2020. The claim was upheld by CAS, which said City showed"blatant disregard" to the investigation.The Premier League's rules require clubs to disclose how owners planned to cover losses, which are not allowed to exceed 105 million pounds over any three-year period.
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