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The bombshell dropped last Friday, and the fallout across English football is only just beginning.After years of speculation, legal wrangling, and fierce debate, an independent commission has officially found Manchester City guilty of serious, breaches of the Premier League’s financial rules. The Premier League confirmed City used complex schemes to artificially inflate revenues and hide true costs by more than £900m to dodge financial limits.Premier League chief executive Richard Masters pulled no punches when laying out the severity of the ruling."The core decision establishes the facts of what happened at Manchester City during this period.
It details how the club systematically broke Premier League rules for nearly a decade.""It also vindicates the Premier League’s decision to pursue this case against Manchester City. According to reports the Anderson deal was agreed on July 2, just before City officially learned of the verdict, but the rest of their massive spending spree came while knowing what the commission had decided.That spending has helped Maresca’s side start the current season with seven wins from seven, sitting top of the Premier League table three points clear of holders Arsenal.
The club released a fiery statement making clear their intent to fight the verdict before the October 2 deadline:"Manchester City FC is both disappointed and surprised by the opinion of the Premier League Commission, that has been published today.""The Club is innocent of the accusations made by the Premier League and a comprehensive body of irrefutable evidence exists in support of all of its positions, relating to this case. Manchester City FC will now pursue the appeal avenues open to it, on the basis that the opinion contains clear material errors, of law, principle and fact, and is unsafe.""The Club has diligently respected due process for eight years on the basis that the Premier League Board and Executive would behave as an independent, impartial and fair-minded regulator, free from partisan influence.""The Club is obviously restricted in what it can say further until all future proceedings are complete."The football world is left waiting to see what punishment will actually follow.
