sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Man City 115 charges hearing update given as £50m Premier League financial blow 'expected'

Home> Football> Football News> Man City

Updated 10:55 4 Oct 2024 GMT+1Published 10:54 4 Oct 2024 GMT+1

Man City 115 charges hearing update given as £50m Premier League financial blow 'expected'

City's hearing is ongoing.

Ryan Smart

Ryan Smart

google discoverFollow us on Google Discover

An update into the hearing into Manchester City's alleged 115 breaches of Premier League rules - and how it could affect the league itself - has been given.

The 115 charges were levelled at City by the Premier League in February 2023.

A hearing into those charges began last month, although the hearing is ongoing in private and, as such, little information has been released to the public.

A verdict is expected to be announced around the end of the season.

Advert

Potential punishments for the reigning Premier League winners if they are found guilty include severe fines, points deductions or, if the club are found guilty of the most serious charges, potential relegation.

In that scenario, the EFL would be under no obligation to accept City as one of its members, as per the London Evening Standard.

The case against City forms part of an annual legal bill for the Premier League.

There is believed to be concern that the sum of money, which will be paid out collectively between the 20 clubs, will rise up to millions of pounds.

The Daily Mail claim the sum could be 'tens of millions of pounds', although the exact figure is not known.

Now, former City financial advisor Stefan Borson has told Football Insider of his belief that, while even a high sum wouldn't represent too much of a financial penalty when shared across the 20 clubs, it could deal some damage.

He said: "It definitely will impact their funding.

Getty

"At the end of the day, the Premier League doesn't have any independent sources of finance. There is a central pot of money, which is then distributed to the clubs, so the Premier League is spending the individual clubs' money in prosecuting these cases.

"There is no real way around that. If it's spending £40 to £50 million in the last year, which is what the reports say, then that is the top slice of the clubs' money.

"Each club will have to take a deduction of proceeds for this year from the Premier League to effectively cover these increased expenses.

"Even £50 million across the clubs is not that significant. It isn't that big of a deal from a financial perspective."

Featured Image Credit: Getty

Topics: Manchester City, Premier League, Football

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Recommended reads

Mark Selby lifts lid on backstage talks over Crucible as landmark agreement reachedGettyBarry Hearn sends message to Ronnie O'Sullivan over snooker future as Crucible prediction madeGettyTyson Fury explains why his 14-year-old son Prince has “no choice” but to become a boxerGettyTyson Fury targets Jon Jones clash as next move after boxing confirmedGetty

Advert

Choose your content:

an hour ago
3 hours ago
6 hours ago
  • Getty
    an hour ago

    Mo Salah 'receives offers' from two European giants as Egypt official leaks transfer

    Mo Salah is leaving Liverpool at the end of the season and two huge clubs have reportedly made contact.

    Football
  • Getty
    3 hours ago

    Liverpool enter four-way battle for one of the quickest defenders alive

    Liverpool are locked in a four-way battle for the defender, who could be available for transfer this summer.

    Football
  • Getty
    3 hours ago

    Erling Haaland purchases ultra rare car that only 150 people in the world have

    Erling Haaland has splashed out on the limited edition car, adding to his £10 million collection.

    Football
  • Getty
    6 hours ago

    QUIZ: Can you name every manager to take charge of a Premier League game this season?

    There are 31 managers in total.

    Football
  • Man City 'sources' provide latest update on 115 charges case
  • Man City 115 Charges Verdict Update as Likely Premier League Response Revealed
  • Man City 115 Charges Verdict Update Given and 'All Hell Could Break Loose'
  • Man City 115 charges update given as 'concerns' claim made about Premier League club and final verdict