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Man City charged with over 100 breaches of financial rules, facing points deduction

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SPORTS NEWS: Man City charged with over 100 breaches of financial rules, facing points deduction [New Sports News] » Naijacrawl
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Manchester City have been charged by the Premier League with over 100 breaches of financial rules.



This comes at the end of a four-year investigation.

The Premier League, in a statement on Monday, alleged that the breaches occurred over nine seasons, from 2009 to 2018.

During that period, City won the Premier League three times.

The Premier League noted that the alleged breaches referred to “inaccurate financial information that gives a true and fair view of the club’s financial position,” in particular its "revenue," “sponsorship revenue,” and “operating costs."

City have been referred to an independent commission, and if the club is found guilty of the charges, the punishment could range from a possible points deduction to a possible expulsion from the Premier League.

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Juventus have been handed a deduction of 10 points in Serie A

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SPORTS NEWS: Juventus have been handed a deduction of 10 points in Serie A [New Sports News] » Naijacrawl
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Serie A side Juventus have learned their punishment following a court hearing in Italy, with the punishments.Juventus have been handed an 10-point deduction that will ruin their chances of qualifying for next season’s Champions League.The Old Lady, who sit second in Serie A and face Empoli tonight, were handed the punishment at a court hearing this afternoon as the latest twist in their false accounting case. An 11-point penalty had been suggested, but the panel ult...
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SPORTS NEWS: Carragher reacts to Man City’s breaking of financial rules [New Sports News] » Naijacrawl
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Jamie Carragher, a former player for Liverpool, responded sarcastically to the English Premier League accusing Manchester City of breaking its financial regulations.This was stated by the former England defender on Monday in a tweet sent from his account.This can't be true, Man City generate more revenue from sponsorship deals than Real Madrid, Barcelona, Bayern Munich, Manchester United, and Liverpool, Carragher wrote in a tweet.Man City could lose points or be kic...
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SPORTS NEWS: EPL Table: Arsenal on top as Man City drop three points, Man Utd move up [Top 10] [New Sports News] » Naijacrawl
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