Berliner Boersenzeitung - Man City fight to avoid severe sanctions as 'trial of the century' begins

EUR -
AED 4.048988
AFN 71.653352
ALL 90.233152
AMD 397.442801
ANG 1.973656
AOA 1011.960474
ARS 1704.382464
AUD 1.628051
AWG 1.984235
AZN 1.878376
BAM 1.951036
BBD 2.220877
BDT 137.145087
BGN 1.95499
BHD 0.415753
BIF 3312.570815
BMD 1.102353
BND 1.419813
BOB 12.873388
BRL 6.246268
BSD 1.102607
BTN 103.857962
BWP 15.412153
BYN 3.303388
BYR 21606.119128
BZD 2.217684
CAD 1.573224
CDF 2551.947633
CHF 0.924565
CLF 0.027875
CLP 1097.084206
CNY 7.354624
CNH 7.358449
COP 3659.778945
CRC 494.093407
CUC 1.102353
CUP 26.463016
CVE 110.401089
CZK 24.405329
DJF 195.910612
DKK 7.476493
DOP 66.917109
DZD 151.273137
EGP 58.978161
ERN 16.535295
ETB 177.534385
FJD 2.483877
FKP 0.832628
GBP 0.834294
GEL 2.855525
GGP 0.832628
GHS 12.925133
GIP 0.832628
GMD 81.574515
GNF 9764.096088
GTQ 8.429301
GYD 230.683524
HKD 8.648676
HNL 29.708842
HRK 7.531237
HTG 144.594927
HUF 364.882711
IDR 20101.848202
ILS 3.545943
IMP 0.832628
INR 103.905536
IQD 1668.962467
IRR 2109614.310597
ISK 136.615035
JEP 0.832628
JMD 174.224538
JOD 0.781612
JPY 176.073379
KES 143.361434
KGS 96.384792
KHR 4497.600695
KMF 492.752185
KPW 992.118101
KRW 1473.366503
KWD 0.34335
KYD 0.918844
KZT 491.483094
LAK 24836.013852
LBP 98715.713034
LKR 366.73942
LRD 187.400397
LSL 18.663257
LTL 3.254962
LVL 0.666803
LYD 7.104708
MAD 10.981314
MDL 20.028816
MGA 5059.800729
MKD 61.545168
MMK 2314.830962
MNT 3972.970265
MOP 8.911016
MRU 44.759659
MUR 52.494468
MVR 16.980358
MWK 1913.685217
MXN 20.433771
MYR 4.504329
MZN 70.444469
NAD 18.663252
NGN 1481.088858
NIO 40.570694
NOK 10.552253
NPR 166.167676
NZD 1.994849
OMR 0.424561
PAB 1.102607
PEN 3.75135
PGK 4.97327
PHP 70.506912
PKR 304.914924
PLN 4.405592
PYG 6843.288459
QAR 4.01725
RON 5.348511
RSD 117.465677
RUB 91.30685
RWF 1627.073053
SAR 4.160787
SBD 8.926521
SCR 15.372648
SDG 663.069392
SEK 11.106249
SGD 1.418953
SHP 0.830054
SLE 25.409646
SLL 23115.795624
SOS 631.101139
SRD 41.327623
STD 22816.481805
STN 24.472237
SVC 9.648438
SYP 14332.794295
SZL 18.663243
THB 37.34225
TJS 10.171722
TMT 3.858236
TND 3.316433
TOP 2.654202
TRY 55.49477
TTD 7.484722
TWD 36.257938
TZS 2920.045358
UAH 50.132575
UGX 4553.879273
USD 1.102353
UYU 44.690863
UZS 13271.228337
VES 1006.315196
VND 28358.582532
VUV 132.649143
WST 3.080921
XAF 655.957
XAG 0.022553
XAU 0.000284217451
XCD 2.979165
XCG 1.987211
XDR 0.779421
XOF 655.957
XPF 119.331742
YER 260.762006
ZAR 18.713826
ZMK 9922.503926
ZMW 22.543641
ZWL 354.957222
SSP 6555.153946
MXV 2.294737
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Man City fight to avoid severe sanctions as 'trial of the century' begins
Man City fight to avoid severe sanctions as 'trial of the century' begins / Photo: Paul ELLIS - AFP

Man City fight to avoid severe sanctions as 'trial of the century' begins

Manchester City will fight to avoid potential expulsion from the Premier League for financial breaches as sport's 'trial of the century' begins on Monday.

Text size:

Premier League champions City have been charged with 115 alleged breaches of the competition's financial regulations.

City deny any wrongdoing and have said they have a "comprehensive body of irrefutable evidence" to clear their name.

But if they are found guilty, they could face a range of punishments, including a severe points penalty or even be kicked out of the Premier League.

Everton and Nottingham Forest were both hit by points deductions last season for single breaches of the league's profit and sustainability rules.

With City winning eight league titles since 2012, including six of the last seven, a guilty verdict could prompt a slew of compensation claims from rival top-flight clubs.

City's financial affairs have come under regular scrutiny since their takeover by Sheikh Mansour's Abu Dhabi United Group in 2008.

If the verdict goes against City, there is potential for strained diplomatic relations between the United Kingdom and the United Arab Emirates, where Mansour is a deputy prime minister.

The hearing, which is not a court case, will be heard by an independent commission at an undisclosed location and could take 10 weeks to complete.

The commission is formed of three members selected by Murray Rosen, who chairs the Premier League's judicial panel.

A verdict is not expected to be announced until 2025, with City likely to appeal if they are found guilty.

Of the 115 charges, 80 are for breaches of the regulations between 2009 and 2018, while a further 35 relate to failing to cooperate with the Premier League's investigation.

The root of suspicion comes from leaked documents published by German outlet Der Spiegel back in 2018.

Emails purportedly sent between City executives showed the club had allegedly inflated sponsorship revenue from Abu Dhabi state-controlled airline Etihad and telecoms firm Etisalat by disguising direct investment from the Abu Dhabi United Group as income.

Other documents claimed to show off-the-books payments to then manager Roberto Mancini via consultancy fees from a club in Abu Dhabi.

- 'Irrefutable evidence' -

City have already defended their position in one case after overturning a two-year ban from the Champions League by UEFA at the Court of Arbitration for Sport (CAS) in 2020.

CAS found most of the alleged breaches of overstating sponsorship revenue were either not established or "time-barred" because they fell outside the five-year statutory limit for prosecution.

No so such time limitation clause exits in the Premier League case, although City remain confident of avoiding sanctions.

"I know what people are looking for, I know what they are expecting. I know it because I have read it for many years but I've said everyone is innocent until guilt is proven. So we will see," City manager Pep Guardiola said last week.

Aymeric Laporte was a serial title winner with City before moving to Saudi Arabia's Al Nassr in Saudi Arabia and the defender claimed Guardiola's players were reassured there was nothing to worry about during his time at the club.

"When I was there and the news broke, the sporting director (Txiki Begiristain) and the CEO (Ferran Soriano) came and told all the players and staff that we can all be very calm because not one rule has been broken by Man City," Laporte told Mail Sport.

However, a guilty verdict could bring an end to Guardiola's glorious reign, which includes winning City's first Champions League crown in 2023.

The Spaniard, who is into the final year of his contract, has steadfastly backed City's owners but previously said he would walk if they had not been honest with him.

"If you lie to me, the day after I am not here," said Guardiola in 2022.

Severe sanctions would raise doubts over the future of City's cast of star players, including prolific striker Erling Haaland.

Should City prove their innocence, the Premier League will stand accused of being a soft touch outmanoeuvered by the deep pockets of state-backed clubs.

(A.Lehmann--BBZ)