Man City chairman Khaldoon Al Mubarak addresses 115 Premier League charges against club

Manchester City chairman Khaldoon Al Mubarak has vowed to break his silence in a "wonderful sit-down" chat once the verdict is announced regarding their long-running dispute with the Premier League.

It remains one of the most divisive topics in football, more than three years on. Back in February 2023, the Premier League charged Manchester City with breaking financial fair play rules on 115 occasions over a nine-year period.

City allegedly failed to provide accurate financial information, according to the Premier League, while the club have denied any wrongdoing, claiming they have an "irrefutable body of evidence" that will prove them innocent.

A private hearing was held between September and December of 2024 but an independent commission has yet to publish a ruling.

Speaking to Manchester City's official channels during an annual end-of-season interview, Al Mubarak made a rare comment about their ongoing case for alleged breaches of financial fair play rules.

"Let me be as consistent as I've always been - until we have a ruling, I can't say much," he said.

“Once we have a ruling, believe me, we’re going to have a wonderful sit down together and I’ll say everything I’ve wanted to say for the last three years.”

Khaldoon Al Mubarak addresses rumours around Manchester City sale

Al Mubarak also confirmed that Sheikh Mansour, a member of the Abu Dhabi royal family who has been Manchester City's owner since 2008, has no intention of selling the club.

“There’s no intention to sell. There’s only intention to keep growing this because the view here is this will only grow and this is a beautiful business to own," he said.

"It’s football and it’s entertainment. And in the world we’re in today, while the world changes and people’s attention goes to different things, sport stays. And football within sports is the pinnacle. And Manchester City and this Group within the football world is a pinnacle. And these sorts of jewels, you don’t sell.

"When Sheikh Mansour looks at this club, he sees it as a long-term investment. Not just Sheikh Mansour. Sheikh Mansour of course and the shareholders who have invested in this club over the years buy into the vision that we’re going to invest in something that’s going to grow in value over time."

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He continued: "Of course, His Highness has no intention of selling this business, but over time, new shareholders come in at different value points that show how that value is really growing. So, this club, when Sheikh Mansour first invested in it, the value was $100-120 million back in 2008.

"Then over the years we’ve had multiple stop points where the value went from $120 million to $1billion, the value of the Group became $1 billion. Then it became $2 billion, then it became $3 billion, then we had investors come in and actually invest in the club at $3 billion.

"We continued to grow; we continued to grow the value of this business while always keeping the profits and the revenue in the business because that helps to keep growing this value that we’re creating.

"Then we went up to $5 billion and then more money came in, investors buying into this strategy, buying into this value creation and putting money into it.

"And again, Sheikh Mansour took a very important choice which was that the money stays in because we’re going to keep building this. And this went up from $5 billion to $6 billion, to $7 billion, to north of $8 billion dollars."

"If you’re going to sell all this today in the market, you wouldn’t sell it for less than $10 billion minimum," added Al Mubarak. "That’s value creation.”