Skip to main content

What is happening about Manchester City charges?

The penalties imposed on Chelsea have reignited interest in the charges made against Manchester City There has been no formal movement in the Premier League’s case against Manchester City for over a year.

Following a four-year long investigation, City were originally charged with 115 breaches of the league’s financial regulations in February 2023 — depending on classification, it could even be understood as 130 breaches.

City deny all charges, but broadly, the Premier League allege that the club breached profit and sustainability rules (PSR) by disguising payments from ownership as sponsorship, and providing undeclared salary or bonuses to players and managers.

The in-person hearing began on September 16 2024, finishing almost three months later on December 6. The three-person independent panel then retired to reach their decision. Fifteen months have now passed without an update.

“I really can’t comment, and there are very good reasons for that,” Premier League CEO Richard Masters said before the start of the season. “As you know, our rules are very clear. I can’t talk about the process in any aspect between the period when allegations and charges are announced until a decision is handed down.”

According to sources on both sides of the case, speaking anonymously to the New York Times because they are not authorised to comment publicly on the proceedings, they have received no update from the independent panel on the timings.

The lack of clarity provided by either party on the exact process of the hearing has led to further questions over what happens when the panel’s decision is reached. For example, it is unclear whether they will recommend any potential punishments or merely decide the question of guilt, while it is also not known whether that potential punishment would be suspended until after any appeal, itself likely to be at least a year-long timeline.

My personal view is that lawyers can take a long time over even apparently simple tasks (I have recently been selling one property and buying another).   That, after all, is how they make their money.  It should also be noted that City's owners have hired some of the very best lawyers and are likely to contest any adverse judgment.

Comments

Popular posts from this blog

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...

A poor financial record, but new hope at Everton

I recently saw an amusing video online in which a group of Everton fans were rebuked in jest for being hopeful.  Football fans in general tend to swing between excessive optimism and excessive pessimism, but for many it seems that moaning is in their bloodstream (Spurs fans probably take the trophy).  However, Everton fans have had plenty to moan about on and off the pitch.   Let’s hope that a new era is about to begin for this grand old club. Everton’s 2023/24 financial results covered a fairly momentous season, when they ended up 15th in the Premier League, though they would finished three places higher if they had not received an 8-point deduction for breaching the Premier League’s Profitability and Sustainability Regulations (PSR). It was a worrying time for Everton fans, as the club faced a “perfect storm” of issues, including large financial losses, an ever increasing debt burden, a challenging stadium build and the tortuous sale of the club. There were eve...