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Football 5 min read Source: football.ua

The Independent Commission found Manchester City guilty of serious violations of the financial rules of the Premier League

The Independent Commission found Manchester City guilty of serious violations of the financial rules of the Premier League
Манчестер Сіті, Getty Images

The club rings in the systematic breakdown of financial rules for a period of at least ten years, and the nutritional punishment is looked at closely.

An independent commission found Manchester City guilty of all charges related to serious breaches of the financial rules of the Premier League over nine seasons, as well as for most points of goodwill. The official website of the nuclear submarine informs about this.

The decision is pending between the 2009/10 season and the 2017/18 season. The Commission found that Manchester City had exploited fictitious commercial interests by submitting false financial statements and fundamentally violating the tax limits of both the Premier League and.

In this case, food punishment is not yet a priority. Sanctions will be considered at the hearing of the independent commission, which may be kept confidential until the moment when the results can be made public.

Manchester City has the right to challenge the committee's decisions. The club is obliged to inform about the intention to file an appeal before Friday 2nd.

The latest text of the Premier League statement The Independent Commission found Manchester City guilty of all charges related to the serious violation of the financial rules of the Premier League over nine seasons, as well as.

The Independent Commission established that during the period from the 2009/10 season to the 2017/18 season:.

— Manchester City established “fictitious” contracts from the low level of its commercial partners, which promoted the same equities between the parties, and also relied on “fictitious” favors with other partners, so as to;

— the club reporting financial information from unreliable data and capturing the real state of its finances from auditors and football regulators;

— Manchester City has completely broken the exchange rate for both the Premier League and UEFA;

- under the hour of investigation of the Premier League, Manchester City repeatedly broke their bonds in order to combine with the lightness and complement the principle of maximum confusion - three of the four statements of the violation were confirmed.

The Independent Commission found that during this period, Manchester City had reduced their sponsorships to “fictitious” commercial lands, which were part of the financing schemes. Subsidiary companies pay only part of the transferred sponsorship payments.

Rashtu koshtiv financed Abu Dhabi United Group Investment \u0026 Development Ltd (ADUG), who led the club. Between these schemes there were also additional “fictitious” home ownership structures, financed by ADUG, which allowed the club to show lower operating costs, which actually resulted in.

In addition, a “fictitious” round-robin scheme with the Fordham company was developed, which added rights to the victorious image of the football players to the club. This scheme was also funded by ADUG.

The commission found that these schemes would increase the club's income and reduce its expenditure by ?900 million more over the course of the current period, in order to create.

The result, as the commission found, was the club’s filing of unreliable financial statements and the capture of real funds from auditors and football regulators.

The commission came to the conclusion: “With its behavior, the club clearly intends to circumvent the rules of the Premier League”.

As a result, Manchester City was unable to reliably report its income and expenses for the purposes of the Premier League Rules for Profitability and Development, as well as the UEFA Rules for the Licensing of Clubs and Financial.

The Commission found that since all the various lands were subject to financial disclosure to the club, Manchester City had properly transferred the limits of the expenditure as.

In addition, during the hours of extensive investigation conducted by the Premier League, the club repeatedly violated its obligations for the sake of compliance and maximum confusion.

The commission came to the conclusion that the club "

Richard Masters, Chief Executive of the Premier League, said:.

“Basically, the decision establishes the facts of what happened in Manchester City during this period. Vono describes in detail how the club systematically violated the rules of the Premier League over a period of at least ten years.

This decision also confirms the legality of the Premier League's decision to print this right against Manchester City. Although the process today would be difficult and complicated, the league lost the responsibility to ensure that the facts were independently established.

One of the key obligations of the Premier League is to ensure that the rules approved by the clubs themselves are followed in order to protect the integrity of the rules.. It is extremely important that the league is deprived of competition and fairness for all clubs and patients. We are very serious about this role.

This disciplinary decision is the most important in the history of the Premier League. These elements of justice must be kept in check, close, as punishment may come for this destruction.

Now that the committee's decisions have been rejected, we must first go through the process to ensure value for the league, clubs and hospitals."

The draft laws of the independent commission have been mostly resolved, a shortened version of which has been published.

The current commission will also include a large number of supplements that the Premier League is required to publish as soon as possible.

The League can publicize the main decisions, as the commission decided, and the Appeal Rada confirmed that the decision is “residual”.

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Now, if the call is made, the sanction will be considered side by side with further hearings on the part of the independent commission. In accordance with the rules of the Premier League, the rumors will remain private and confidential until the moment when the results can be published.

The club has the right to discredit the new independent commission and is obliged to speedily comply with this right until Friday, 2nd.

The Premier League Board intends to complete the entire process, including any appeals and the publication of conclusive decisions, as soon as possible.

Based on materials: mcfc.co.uk
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