Leagues ·
UEFA Monitors Manchester City Legal Appeal Following Premier League Financial Breaches Ruling
UEFA is closely monitoring legal proceedings after an independent commission found Manchester City guilty of financial breaches, with the club now lodging an official appeal.
European football's governing body, UEFA, is closely monitoring ongoing legal proceedings after an independent commission found Manchester City guilty of serious breaches of Premier League financial rules, Sky Sports reported. Manchester City has lodged an official appeal against the ruling, denying all charges and maintaining that they possess irrefutable evidence supporting their innocence.
The independent commission found that Manchester City disguised over £830 million in direct owner equity funding as commercial sponsorship revenue between the 2009-10 and 2017-18 seasons. UEFA is currently waiting for the conclusion of City's legal appeal process before determining whether to pursue its own secondary sanctions or initiate an independent inquiry into the Premier League club.
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Manchester City · UEFA · Premier League · Financial Rules
Competition: English Premier League