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  • Sports - Football - Transfers
  • Updated: February 07, 2023

Will Man City Escape Financial Breaches Again?

Will Man City Escape Financial Breaches Again?

Manchester City

Manchester City has been a major powerhouse in the English Premier League over the past decade. The club's dominance in the top tier of English football is attributed to its financial backing from Abu Dhabi, which has allowed them to purchase some of the best players and build one of the strongest teams in Europe.

However, the club now faces an uncertain future as it has been charged with over 100 alleged breaches of financial rules and referred to an independent commission.

The accusations against Manchester City include failing to cooperate with investigations by the Premier League. The club now faces a range of possible punishments, including points deduction, expulsion from the Premier League, or a reprimand.

Despite the charges, the club remains confident in its ability to defend itself and has claimed that there is "irrefutable" evidence that supports its case.

This is not the first time that Manchester City has been in the spotlight over issues of finance.

The club was fined 60 million euros in 2014 for violating UEFA's Financial Fair Play regulations.

Additionally, in 2020, the club was banned for two years from UEFA competitions due to "serious financial fair play breaches."

However, the ban was overturned by the Court of Arbitration for Sport (CAS) later that year.

The case against Manchester City has raised concerns about the broader implications for clubs that are effectively backed by states such as Manchester City and Paris Saint-Germain, which is Qatari-owned.

The situation has sparked a debate about the role of the British government and the Premier League in enforcing rules on transnational organizations that operate across international boundaries, often with the support of state governments.

Football finance expert Kieran Maguire has highlighted the political context of the government's drive to reform football administration, stating that the Premier League is opposed to an independent regulator in football.

Simon Chadwick, Professor of Sport and Geopolitical Economy at the SKEMA Business school in Paris, believes that the outcome of the Manchester City case will be a compromise, showing capitulation on the part of the Premier League and the British government.

However, Chadwick emphasizes the importance of foreign cash in the English game and believes that the British government and the Premier League cannot afford to push away potential foreign investment, especially in this difficult economic period.

Manchester City case highlights the challenges faced by domestic governing bodies in enforcing rules on transnational organizations that operate across international boundaries.

The outcome of the case will have significant implications for the English Premier League and the future of foreign investment in English football.

While it remains to be seen what punishment Manchester City will face, one thing is certain: the case will have far-reaching consequences for the club and the English football landscape as a whole.

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