Manchester City’s hearing on alleged Premier League financial breaches has been concluded.
After months of proceedings at the London International Dispute Resolution Centre, legal representatives for Manchester City and the Premier League delivered their final arguments to a three-man panel.
Both parties presented their closing statements on Friday, with the verdict expected in the coming months, according to Mail Online.
The Premier League accuses Manchester City of multiple financial breaches spanning 15 years and non-cooperation in a separate investigation.
Manchester City denies all allegations, asserting its compliance with financial regulations and maintaining its innocence.
The entire period of the proceeding have been shrouded in secrecy leaving no gaps for leaks.
Key Highlights of the Case
1. Closing Arguments Concluded: The final arguments wrapped up on Friday, leaving the panel to deliberate on the verdict.
2. Case Timeline: Proceedings began on September 16 at London’s International Dispute Resolution Centre and have remained largely confidential.
3. Allegations: Manchester City faces accusations of breaching financial rules and failing to cooperate with an investigation.
4. Potential Consequences: If found guilty, the club could face severe penalties, including fines, points deductions, or relegation.
5. Appeals Expected: Both parties are likely to appeal the verdict, potentially delaying the final outcome until the 2025/2026 season.
6. Expanded Charges: The original 115 charges against Manchester City increased to 130 due to administrative errors.
7. Alleged Financial Misrepresentation: Manchester City is accused of submitting inaccurate financial reports for nine seasons (2009-10 to 2017-18).
8. Mancini’s Contract: Allegations claim the club failed to disclose former manager Roberto Mancini’s full earnings between 2009-10 and 2012-13.
9. Player Payments: The club allegedly omitted full payment details for players during 2010-11 to 2015-16.
10. Legal Costs: The investigation, sparked by leaked documents in German media, has incurred significant legal costs, drawing criticism from other Premier League clubs.
11. Legal Representation: The Premier League’s case is handled by Adam Lewis KC, while Manchester City is defended by Lord Pannick, both from Blackstone Chambers.
Impact on Manchester City’s Performance
The legal turmoil appears to have affected the team’s form, with Manchester City securing just one win in their last nine matches, suffering six defeats and two draws.
The outcome of this high-profile case could have long-lasting implications for the club and the Premier League.
