Man. City severely criticized after accusation of violating the Premier League’s financial regulations
The Premier League charged Manchester City with breaking financial regulations following a four-year investigation. If proven guilty, the league winners, who are anticipated to “lawyer up,” might potentially be subject to a number of penalties, including a points deduction.
On Monday, the Premier League issued a statement announcing that they had accused City of breaking more than 100 rules. Following Premier League Rule W.3.4, the findings have now been forwarded to a Commission.
Given that Arsenal presently leads City by five points with a game still to play, it is unclear how this development would affect the ongoing title fight this season. However, if proven guilty, City might face a number of penalties, including a reduction in points, ejection from the league, enormous fines, the loss of titles, transfer bans, and spending caps.
Meanwhile, well-known Arsenal supporter Piers Morgan has already urged the Premier League to dock points in the wake of the discoveries. After their Champions League punishment for allegedly breaking financial fair play regulations was lifted on appeal last year, Pep Guardiola supported the club but promised he would leave if they misled him.
In August of last year, he remarked, “I said to them: ‘I placed my trust in you because I believe you hundred percent from day one, and I defend the team because of that.’ If you lie to me the next day, I’m not here. I’ll be out, and I won’t be your friend anymore.'”
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