The saga of Manchester City’s Financial Fair Play investigation took an explosive turn. Insiders claim the probe has ended.
The latest developments shake up the football finance landscape.
A leading insider argues that the investigation terminated long ago. He dismisses the allegations as libellous and nonsensical. These claims spark fierce debates among fans and officials.
Since early 2023, Man City has battled legal challenges with the Premier League. The club faced charges for breaching over 100 Financial Fair Play rules. This dispute has ignited heated debates in football circles.
The Premier League launched an independent commission probe. This four-year investigation spanned club activities from 2009 to 2018. The inquiry aimed to scrutinize the club’s financial conduct in detail.
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Man City triumphed in a separate Associate Party Transaction case. Their FFP hearing concluded in late 2024. A verdict is expected this month, promising clarity on the matter.
New allegations emerged from La Liga chief Javier Tebas. He accused the club of deception and claimed they hid costs through affiliated companies. Tebas said this tactic aimed to bypass FFP rules.
Tebas even compared the situation to the notorious Enron scandal of 2001. Head coach Pep Guardiola fired back with a blunt response. A former advisor later revealed the club warned the La Liga chief about his libellous remarks.
The complaint against the club was lodged in July 2023. An investigation window of 25 days passed swiftly. Manchester City stands firm, calling the accusations nonsense and urging a thorough review of the accounts.
