Manchester City has released a statement regarding the prosecution of the English Premier League (EPL) secretariat. 안전놀이터
The EPL Secretariat officially announced on its official website on the 6th (Korean time) that “According to Premier League Rule W.82.1, the Premier League has referred Man City’s alleged violation of the Premier League Rules to the Committee pursuant to Rule W.3.4.” .
According to the information released by the EPL Secretariat, Manchester City violated a total of four charges. First, over the past nine seasons, Premier League financial rules have been violated. The EPL Secretariat said it “did not provide accurate financial information, particularly in relation to revenue (including sponsorship revenue), related parties and operating expenses.”
The second is accused of not properly disclosing executive compensation. It also said that between the 2013-14, 2014-15 and 2017-18 seasons, the European Football Federation (UEFA) rules regarding FFP were not followed.
They are also accused of not cooperating with and assisting in the investigation, including providing documents and information to the Premier League between the 2018-19 and 2022-23 seasons.
The EPL Secretariat said: “The Committee is independent of the Premier League and the clubs. It will be conducted in secret under Rule W.82.”
Manchester City also released a statement in response to the announcement. “Man City are being accused of violating the Premier League rules, which is surprising, especially given the extensive involvement and the vast amount of detailed material provided by the EPL Secretariat,” Manchester City said on its website. “We welcome an impartial review of the comprehensive body of irrefutable evidence supporting the position of. We therefore look forward to a full resolution of this matter.”
This isn’t the first time Manchester City’s FFP rule violations have surfaced. In 2020, Manchester City was also punished by UEFA for FFP violations, banned from participating in European competitions for two seasons, and fined 30 million euros (approximately 40 billion won). However, at the time, Man City appealed, and the Court of Arbitration for Sport (CAS) invalidated the UCL suspension and reduced the fine.