UK Parliament told answers on tax implications are needed in Manchester City ruling

The UK Parliament was informed that answers are needed regarding tax implications following Manchester City's conviction by the Premier League for using sham commercial contracts to inflate revenue and understate costs by over £900 million over nearly a decade. Committee chair Meg Hillier wrote to HM Revenue and Customs to ask if the agency was aware of the findings and what assessments it had made of potential tax consequences. She also requested an overview of HMRC's current work related to football clubs. The ruling details over 100 breaches of Premier League rules by the club.