BREAKING: Premier League releases statement, confirms Man City guilty of all charges - Daily Post Nigeria

The Premier League has issued an official statement confirming that Manchester City has been found guilty of breaching financial rules over nine seasons, mainly for using sham contracts with commercial partners to artificially inflate revenues and reduce costs. The independent commission also found that the club filed misstated accounts and concealed its true financial situation, violating the Premier League’s and UEFA’s spending limits. Manchester City was accused of orchestrating fake commercial deals funded partly by Abu Dhabi United Group, leading to violations of transparency and financial fair play regulations.