By Wandile Msibi
English Premier League Champions Manchester City have been charged with numerous breaches of financial rules, after a 4-year investigation was conducted. The alleged breaches took place between the 2009-10 season up until the 2017-18 season, this is not the first time the English Giants have been accused of breaching financial rules as also in 2020 they were on the brink of facing a two year suspension from European Football.
The Cityzens replied in a statement by saying:”We are surprised by the issuing of these alleged breaches, we somehow welcome the review of this matter.”
The first set of breaches saw the club breach league rules requiring provision ‘in utmost good faith’ of ‘accurate financial information that gives a true and fair view of the club’s financial position.’
Second set of breaches listed refers to “require a member club to include full details of manager remuneration in its relevant contracts, relating its manager”, this occurred between the 2009-10 to 2012-13 seasons.
The third set of breaches deals with the team breaching the Premier League rules which require clubs to comply with UEFA financial fair play regulations, between 2013-14 to 2017-18.
Fourth set of breaches relates to the Premier League’s profitability and sustainability rules in the 2015-16 to 2017-18 seasons.
In a recent statement the Premier League said:”In accordance with the Premier League rule W.82.1, the Premier League confirms that it has today (6 February 2023) referred a number of alleged breaches of the Premier League rules by Manchester City Football Club to a commission under Premier League W.3.4.
Now the question is, are Chelsea F.C also guilty of breaching financial fair play rules?
SportsFactos 
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