✉news SportSoccer first seen 3 h ago, last 34 min ago, peak #3
Manchester City found guilty of sham payments in financial inquiry
Original: Manchester City guilty of ‘sham payments’ and £900m of financial misstatements, independent commission finds
An independent commission has found Manchester City guilty of 'sham payments' and around £900m of financial misstatements, ruling that the Premier League club breached financial regulations over an extended period. The verdict is one of the most consequential in the league's history, with reports focusing on disguised payments and the scale of inaccurate financial accounts uncovered by the investigation.
Why now: The landmark ruling against one of football's biggest clubs has major implications for the Premier League and its financial rules.
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Evidence
- Manchester City guilty of ‘sham payments’ and £900m of financial misstatements, independent commission finds · The New York Times
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