Update on Man City’s 115 FFP charges as Sky News reporter reveals what the Premier League ‘has indicated’
A Sky News journalist has provided an update on the Premier League’s examination of the supposed 115 accusations it filed against Manchester City last year.
These accusations pertain to purported ‘several breaches’ of financial regulations, with the Premier League alleging that City violated these regulations over a nine-season period. The alleged infractions mainly revolve around a ‘failure to furnish accurate and current financial information’ and ‘failure to collaborate with Premier League investigations’.
City has strongly denied these accusations. In January, Premier League CEO Richard Masters confirmed that a hearing date had been scheduled for City’s case, though he could not specify a date. Now, Sky News reporter Rob Harris has delivered an update on the matter – including the Premier League’s latest indication regarding the official hearing.
He stated: “City insist they’ve got an indisputable body of evidence to support their case. The Premier League has indicated that the hearing is imminent, we anticipate.
But for many, it’s been drawn out for 15 months since the accusations were made, and still no decision, while other clubs have faced consequences
During Masters’ appearance in front of a Parliamentary Select Committee on Tuesday, the discussion did not touch upon City’s 115 charges. Instead, the committee directed its focus towards the uncertainty surrounding the ownership of Everton. Specifically, they sought an update on the ongoing attempts by US private investment company 777 Partners to acquire the club from current owner Farhad Moshiri.
Everton’s Fan Advisory Board has urged the Premier League to intervene in the takeover process, citing concerns over financial issues at 777 Partners’ other clubs and their legal entanglements. There is apprehension that 777 Partners may not pass the division’s Owners and Directors Test.
Adding to the complexity, a recent lawsuit filed in New York accused 777 and co-owner Josh Wander of perpetrating fraud amounting to ‘hundreds of millions of dollars’. Furthermore, the company faces additional legal challenges related to claims of unpaid debts.The Premier League’s examination of the 115 charges against Manchester City, alleging multiple breaches of financial regulations over nine seasons, is still ongoing. According to Sky News journalist Rob Harris, the Premier League has indicated that the hearing in this case is imminent, although no specific date has been set. Manchester City has consistently denied the allegations, asserting that they have substantial evidence to support their case. The matter has dragged on for over 15 months without a resolution, causing frustration among some observers.
Meanwhile, the Premier League’s recent focus has shifted to the uncertainty surrounding Everton’s ownership. During a Parliamentary Select Committee meeting, there was no discussion of Manchester City’s charges. Instead, the committee addressed concerns over the potential takeover of Everton by 777 Partners, a US private investment firm. Everton’s Fan Advisory Board has expressed worries about 777 Partners’ financial stability and legal troubles, urging the Premier League to intervene in the ownership transfer process. The situation is further complicated by a lawsuit in New York accusing 777 Partners and co-owner Josh Wander of fraud involving hundreds of millions of dollars, as well as other legal issues related to unpaid debts.
