EPL: Man City Risk Multiple Sanctions Over Financial Rules Breach

The Premier League announced that Manchester City have been referred to an independent commission over alleged breaches of its financial rules.

The alleged breaches span a period from the 2009/10 season to the 2017/18 campaign.

City were banned from UEFA competitions in February 2020 for two years by European football's governing body for "serious financial fair-play breaches" but the sanction was overturned by the Court of Arbitration for Sport in July of the same year.

The Citizens are alleged to have breached league rules requiring provision "in utmost good faith" of "accurate financial information that gives a true and fair view of the club's financial position".

The Premier League said the accurate financial information required related to "revenue (including sponsorship revenue), its related parties and its operating costs".

If found guilty, City risk point deduction and expulsion from the league.