There has been a new development in the case surrounding 115 alleged breaches of financial rules by Manchester City - and it involves other Premier League clubs.
The charges were presented by the Premier League in February 2023, with a private hearing beginning in September.
As the hearing is being completed fully in private, no information has been made publicly available and therefore there have been few updates on the case in recent months. The hearing is expected to last for 10 weeks.
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A verdict is not expected to be announced until the end of the season. City strenuously deny all 115 charges against them, and said they would 'robustly defend' their position on the matter.
After a relative period of silence on the case, though, there has been a major update.
The Times' Martyn Ziegler reports that 'a number' of Premier League clubs have reserved the right to seek compensation against City if there is a guilty verdict on any of the charges.
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Far from indicating whether or not the club are guilty, however, it is said that this decision is due to a potential six-year statute of limitation period for fellow clubs to take legal action.
That is said to date back to November 5, 2018, when German outlet Der Spiegel first posted 'leaked' documents about City which are being used as evidence in the case.
As a result, therefore, clubs are seemingly reserving their rights to seek compensation before that deadline in the case of it being necessary once the verdict is announced next year.
What are the 115 charges against Manchester City?
Below are the 115 charges levelled against Manchester City, in full:
- Failure to provide accurate and up-to-date financial information from 2009/10 to and including 2017/18 - 54 alleged breaches
- Failure to co-operate with Premier League investigations from December 2018 - present [February 2023] - 35 alleged breaches
- Failure to provide accurate financial reports for player and manager compensation from 2009/10 to and including 2017/18 - 14 alleged breaches
- Breaches of Premier League profitability and sustainability regulations from 2015/16 to and including 2017/18 - Seven alleged breaches
- Failure to comply with UEFA's regulations, including UEFA's Club Licensing and Financial Fair Play regulations - Five alleged breaches
Topics: Manchester City, Football, Premier League, Transfers
Ryan Smart