Manchester City ‘stunned’ by fees over Financial Fair Play breaches: Will welcome an impartial assessment

Defending champions Manchester City have responded to the Financial Fair Play fees leveled towards them by the Premier League, saying they’re stunned by these allegations and welcome the assessment of this matter by an impartial fee.

New Delhi,UPDATED: Feb 6, 2023 23:33 IST

Manchester City stunned by FFP fees (AP)

By India Today Web Desk: Defending champions Manchester City have responded to the Financial Fair Play fees leveled towards them by the Premier League, saying they’re stunned by these allegations and welcome the assessment of this matter by an impartial fee.

The Manchester-based membership has been charged with alleged monetary rule breaches by the Premier League. The fees got here up following a Premier League investigation into the membership’s monetary dealings 4 years in the past, months after the discharge of “Football Leaks” paperwork obtained by the German publication Der Spiegel and reviewed by Reuters information company.

The membership launched a press release saying they’re stunned by the fees leveled towards them and stay up for placing this matter to relaxation as soon as and for all.

“Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with. The club welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position. As such we look forward to this matter being put to rest once and for all,” Manchester City’s statement read.

According to the Premier League, Manchester City breached rules pertaining to the provision of accurate financial information with respect to its revenue and sponsorships. They said that an independent committee will be formed to look into the matter and no further comment will be made until further notice.

“The members of the Commission might be appointed by the impartial Chair of the Premier League Judicial Panel. The proceedings earlier than the Commission might be confidential and heard in non-public. The Premier League might be making no additional remark in respect of this matter till additional discover,” the Premier League mentioned in a press release.

Manchester City are presently positioned second within the league, and can face Aston Villa on February 12.

Edited By:

Rounaq Sehrawat

Published On:

Feb 6, 2023