Man City charged over multiple FFP breaches

Manchester City have been charged by the Premier League for breaching financial rules in nine seasons, the league announced on Monday.
The Premier League confirmed a number of alleged breaches between the 2009/10 and 2017/18 seasons have been referred to an independent commission after completing a four-year investigation.
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The statement read: “In accordance with Premier League Rule W.82.1, the Premier League confirms that it is today referring a number of alleged breaches of Premier League Rules by Manchester City Football Club to a commission under Premier League Rule W .3.4 referenced. “
ESPN has reached out to City for comment.
In July 2020, City had a two-year ban from UEFA club competitions lifted by the Court of Arbitration for Sport (CAS) after City were initially found guilty of “serious breaches” of financial fair play regulations between 2012 and 2016.
City were first charged by UEFA in March 2019, prompting the Premier League to launch its own investigation.
In its ruling on City’s clarification, CAS ruled that much of the evidence was outside of a five-year period. The Premier League was not bound by the same limit.
The city faces severe penalties. Premier League rulebook gives a Disciplinary Committee the power to impose a range of sanctions, as well as the wider scope of “other penalties as it deems appropriate”.
Last season, City won their sixth Premier League title since taking charge in 2008. Roberto Mancini guided the club to the 2011/12 league title before a Manuel Pellegrini-managed City side won the league in 2013/14.
Pep Guardiola has guided the club to three league titles since his appointment in 2016.
They have also won two FA Cup titles and five League Cup trophies since Abu Dhabi-based owner City Football Group (CFG) took over the club.
Guardiola’s side are second in the Premier League this season, five points behind leaders Arsenal.
Information from the Associated Press contributed to this report.
https://www.espn.com/soccer/soccer-transfers/story/4870556/man-city-charged-over-multiple-ffp-breaches Man City charged over multiple FFP breaches