Richard Masters, the Premier League’s chief executive, has provided the latest information regarding Manchester City’s case involving 130 charges for allegedly violating Financial Fair Play regulations.
Manchester City was initially accused of 115 breaches of FFP rules in February. This number increased to 130 later in the year due to an administrative issue.
The current Premier League champions have strongly denied these accusations. Hearings on the matter took place between September and December, and a decision is expected soon.
Pep Guardiola, Man City’s manager, mentioned earlier in February that he anticipates knowing the outcome for the club in March. He also stated his intention to publicly address the situation once the process concludes.
During the Business of Football Summit on Thursday, Richard Masters indicated that the independent panel responsible for the case requires “time” to reach a verdict.
Kieran Maguire, a football finance expert, suggests that if Man City is found guilty, a points deduction leading to relegation is a likely penalty.
Speaking on BBC Radio 5 Live, Maguire stated that a points deduction is the most probable consequence if the club is convicted. He referenced Everton’s initial 10-point deduction for exceeding spending limits, emphasizing the need for a significant deterrent. Maguire speculated that a deduction between 60 and 100 points could be imposed, effectively resulting in relegation from the Premier League.
Manchester City recently achieved a legal victory against the Premier League concerning “unlawful” financial regulations. This ruling could potentially lead to compensation claims from other clubs and create instability within the league.
Marcus Bellamy