Berliner Boersenzeitung - Man City chairman defiant over reported Premier League charges

EUR -
AED 4.183233
AFN 72.900104
ALL 91.877324
AMD 414.797627
ANG 2.039349
AOA 1045.665133
ARS 1736.795085
AUD 1.614556
AWG 2.050324
AZN 1.929371
BAM 1.955317
BBD 2.295034
BDT 140.215395
BGN 1.917555
BHD 0.429594
BIF 3432.052962
BMD 1.139069
BND 1.455841
BOB 13.964554
BRL 5.909604
BSD 1.139419
BTN 109.11607
BWP 15.516171
BYN 3.44275
BYR 22325.749957
BZD 2.291734
CAD 1.610017
CDF 2665.421243
CHF 0.943457
CLF 0.027745
CLP 1095.522593
CNY 7.646854
CNH 7.670829
COP 3814.158657
CRC 518.072139
CUC 1.139069
CUP 27.347251
CVE 110.237793
CZK 24.358299
DJF 202.909921
DKK 7.475483
DOP 67.763276
DZD 152.818284
EGP 58.990341
ERN 17.086033
ETB 184.850379
FJD 2.559773
FKP 0.85991
GBP 0.859642
GEL 2.978697
GGP 0.85991
GHS 13.234734
GIP 0.85991
GMD 83.7416
GNF 10021.526666
GTQ 8.701852
GYD 238.41116
HKD 8.933144
HNL 30.583452
HRK 7.533577
HTG 149.123196
HUF 365.202592
IDR 20405.39374
ILS 3.47195
IMP 0.85991
INR 109.142732
IQD 1492.731591
IRR 1565735.599723
ISK 136.984345
JEP 0.85991
JMD 180.275508
JOD 0.807618
JPY 179.112846
KES 147.673554
KGS 99.609521
KHR 4633.856354
KMF 493.217167
KPW 1025.16235
KRW 1542.572887
KWD 0.351562
KYD 0.949566
KZT 504.785418
LAK 25558.69206
LBP 102039.416452
LKR 376.227146
LRD 195.991629
LSL 18.590812
LTL 3.363374
LVL 0.689011
LYD 7.285202
MAD 10.934601
MDL 20.226008
MGA 5030.758398
MKD 61.559807
MMK 2391.318071
MNT 4096.27867
MOP 9.206128
MRU 45.840686
MUR 54.140099
MVR 17.598252
MWK 1975.812365
MXN 20.229913
MYR 4.640683
MZN 72.797622
NAD 18.590812
NGN 1510.838223
NIO 41.929652
NOK 10.830096
NPR 174.585912
NZD 1.992947
OMR 0.439192
PAB 1.139419
PEN 3.868245
PGK 5.076747
PHP 71.01757
PKR 315.746773
PLN 4.371461
PYG 6716.342392
QAR 4.153475
RON 5.27298
RSD 117.42102
RUB 96.076288
RWF 1684.084364
SAR 4.278244
SBD 9.113134
SCR 15.790891
SDG 685.148141
SEK 11.297001
SGD 1.456185
SHP 0.859999
SLE 28.078724
SLL 23885.695533
SOS 651.239273
SRD 42.905879
STD 23576.425949
STN 24.493955
SVC 9.970539
SYP 14810.173807
SZL 18.586413
THB 38.016405
TJS 10.511606
TMT 3.998132
TND 3.373267
TOP 2.742604
TRY 55.748878
TTD 7.750087
TWD 36.141174
TZS 3024.153632
UAH 51.024307
UGX 4462.898547
USD 1.139069
UYU 45.648734
UZS 13485.671707
VES 970.978133
VND 29588.453106
VUV 134.852368
WST 3.127568
XAF 655.957
XAG 0.017716
XAU 0.000265798508
XCD 3.07839
XCG 2.053593
XDR 0.805381
XOF 655.957
XPF 119.331742
YER 269.560677
ZAR 18.44165
ZMK 10252.989304
ZMW 22.227514
ZWL 366.779713
SSP 6507.035634
MXV 2.292486
  • RBGPF

    -0.5900

    65.4

    -0.9%

  • RYCEF

    -0.3600

    19.31

    -1.86%

  • CMSC

    -0.1100

    20.4

    -0.54%

  • BCC

    1.0400

    77.14

    +1.35%

  • NGG

    0.2600

    75.49

    +0.34%

  • CMSD

    -0.0700

    20.3

    -0.34%

  • BCE

    -0.3300

    20.97

    -1.57%

  • RIO

    0.0900

    94.56

    +0.1%

  • RELX

    0.0100

    33.52

    +0.03%

  • VOD

    0.1300

    16.62

    +0.78%

  • GSK

    -0.4100

    49.24

    -0.83%

  • BTI

    -0.3900

    55.63

    -0.7%

  • JRI

    -0.1500

    11.02

    -1.36%

  • BP

    -0.2600

    44.15

    -0.59%

  • AZN

    2.0200

    166.58

    +1.21%

Man City chairman defiant over reported Premier League charges
Man City chairman defiant over reported Premier League charges / Photo: Paul ELLIS - AFP/File

Man City chairman defiant over reported Premier League charges

Manchester City chairman Khaldoon Al Mubarak said on Saturday that the club were confident they could prove their "innocence" after reportedly being found guilty on all but one of 115 charges for breaching Premier League financial rules.

Text size:

News of the decisions reached by an independent commission was widely reported on Friday but no official announcement has been made by the Premier League and there is, as yet, no indication of any potential punishment.

Abu Dhabi-backed City have always strenuously denied the charges and a club spokesperson said that their position had not changed. It is understood that City will appeal if the reports are confirmed.

Mubarak issued a defiant statement on Saturday, underlining his conviction that City would be vindicated, but said he was bound by "strict confidentiality".

"The Premier League process still has a long way to run, and our confidence and intent in proving the club's innocence is just as strong as when this began," he said in an open letter.

"There are so many things that I would like to be able to share with you to help you understand why we feel so confident in our position."

Mubarak added: "There remain many who want to undermine the momentum of our club. We will not give them that opportunity."

City were charged by the Premier League following an investigation into alleged breaches of regulations between 2009 and 2018.

The Etihad club were accused of failing to provide accurate financial information and details of payments to players and coaches, as well as breaches of financial sustainability rules.

They were also charged with failing to cooperate with an investigation.

City were referred to an independent commission and a hearing started behind closed doors in September 2024, lasting around 12 weeks.

The latest developments, described as a "shock" by Oasis star and City fan Noel Gallagher, could have far-reaching implications.

Sanctions could include a severe points deduction and possibly even expulsion from the English top flight, while other clubs are understood to be taking legal advice about potential compensation.

- 'Severe penalty' -

Former City chairman David Bernstein told Times Radio that a financial penalty would not be enough in terms of a potential punishment, urging a swift appeal process.

"I can't give a view on the punishment. If they are found, after the appeal, guilty of (the) charges, my beloved club is going to face a very severe penalty," said Bernstein, chairman of City from 1998 to 2003.

"All I would say is that money is not sufficient -- it would have to be something, unfortunately, more drastic than that."

World Soccer writer Henry Winter told AFP that if the charges against City were proven, they would be guilty of "cheating on an industrial scale".

He said that in such circumstances "a logical way of dealing with this very fraught, seismic situation" would be to impose a huge points sanction that would effectively relegate the club this season.

"It's a huge issue. This affects the Manchester economy, this affects issues in the northwest, this affects geopolitical elements between the United Kingdom and the UAE (United Arab Emirates), who are effectively the owners of Manchester City," added Winter.

Christian Purslow, a former Liverpool managing director and Aston Villa chief executive, warned that the situation could "spiral out of control".

"A never-ending waterfall of legal claims and uncertainties for another four or five years would be absolutely appalling for the game," he told the BBC.

In 2020, European football's governing body UEFA imposed a two-year European ban on City as well as a fine for breaking financial fair-play rules, though that ban was later overturned by the Court of Arbitration for Sport.

Everton and Nottingham Forest were both hit by points deductions in the 2023/24 season for single breaches of Premier League profit and sustainability rules.

Under the ownership of Sheikh Mansour, whose Abu Dhabi United Group acquired the club in 2008, City have become the dominant force in English football.

They have won eight Premier League titles, a Champions League crown and multiple other trophies over the past 15 years.

(T.Burkhard--BBZ)