The allegations involve over one hundred financial breaches within the Premier League’s regulations, covering various areas such as financial reporting, profitability, compensation for players and managers, failure to comply with regulations, and UEFA laws.
If proven true, Manchester City, the six-time Premier League champions, could face penalties ranging from point deductions to being expelled from the league.
These purported violations are believed to have occurred over a nine-year span and were uncovered during a four-year investigation by the Premier League.
Manchester City has responded by asserting they have significant evidence to challenge the allegations and are eager for a resolution.
Ahead of Manchester City’s match against Aston Villa, Pep Guardiola reiterated the club’s position on the accusations during a media briefing.
He stated the club’s belief that they have already undergone thorough scrutiny, citing previous UEFA investigations where City was cleared of wrongdoing.
Guardiola stressed the importance of maintaining the presumption of innocence until proven guilty in the legal process.
He also expressed confidence in the club’s legal representation and acknowledged the anticipated length of the legal proceedings, while hoping for a fair outcome.
In conclusion, Guardiola emphasized the importance of a robust legal defense in addressing the allegations and suggested that the resolution process might be prolonged, akin to previous UEFA investigations.