'Minimum Demotion If Proven' Man City Faces Worst Crisis Ever...The day of destiny is coming →"The final hearing is over + the verdict is left"
Dec 10, 2024
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Britain's The Sun reported on the 10th (Korea time) 'Man City has concluded its hearing on 115 violations of the English Premier League (EPL) financial regulations'
The Sun said 'Man City was indicted in February on charges of financial impartiality violations. Man City have vehemently denied it, and have fought since September. According to the latest news, the hearing has been closed. Both sides held their final arguments. A three-member committee will rule. However, there is so much evidence that the results will be difficult to come out in the near future, and it could take months,' he said.
Manchester City was accused of violating FFP regulations more than 100 times from 2009 to 2018 by the English Premier League (EPL) secretariat in January. The EPL said at the time that it had violated the rules requiring Manchester City to provide truthful and fair data on the financial condition of the club.
After being acquired by Abu Dhabi United Group in 2008, Manchester City emerged as an EPL powerhouse through huge investments. The EPL secretariat points out that Manchester City violated UEFA regulations including FFP from the 2013-2014 season to the 2017-2018 season and PL regulations on profitability and sustainability from the 2015-2016 season to the 2017-2018 season. The UEFA has already ruled that Manchester City seriously violated FFP rules between 2012 and 2016. And he ordered a two-year European ban, but the result was overturned by the Court of Arbitration for Sport.
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If the disciplinary action against the results of the hearing is confirmed, it is widely expected to be enormous. Britain's Daily Mail says the toughest punishment will be demotion if convicted.
Stefan Borson, a former Manchester City financial adviser, said "The scale is completely different from that of Everton or Nottingham Forest. There is no question that if the charges are proven, they will finish with a minimum relegation. If proven, it is serious. No one can argue, and Man City will promise this is a serious thingManchester City could face relegation, not just a point reduction.
The hearing on Manchester City's alleged violation of financial regulations has been completed. Now only the result is waiting for Manchester City. Attention is also focusing on whether Manchester City will be able to keep its glory.
This article was translated by Naver AI translator.