City 'Held Secret Settlement Talks with Premier League Before Verdict
The talks reportedly centered on a large financial payment that could have reduced City’s exposure to points deductions and expulsion, Bloomberg said.
- Manchester City held early-stage settlement talks with the English Premier League, but negotiations collapsed as the club maintained its innocence, according to people with knowledge of the matter.
- A Premier League-appointed commission found in late September that Manchester City artificially inflated results by more than £900 million through "sham" commercial deals funded by Abu Dhabi.
- Manchester City is appealing the commission's verdict, claiming the opinion contains "clear material errors of law, principle and fact" and asserting its innocence regarding all accusations.
- Potential sanctions range from heavy fines to expulsion from the Premier League, with a three-person appeal board expected to publish a final verdict by early February.
- The United Arab Emirates has invested more than £30 billion in British sectors, and Emirati officials warned that the ruling's severity could undermine their appetite for future grand-scale commitments.
45 Articles
45 Articles
Manchester City, Premier League Held Secret Settlement Talks
Manchester City is in one of the most delicate periods of its history. Long considered a model of sporting and economic success since Abu Dhabi investors took over in 2008, the English club is now at the center of a financial scandal that could call into question some of its successes. The independent commission tasked […]
Manchester City had attempted to reach a settlement through financial settlements, but negotiations collapsed amid the threat of severe Premier League sanctions.
Manchester City tried to negotiate with the Premier League a reduction of possible punishments for violations of the financial rules of English football. According to the Spanish newspaper Marca, published on Saturday (10), the club offered to pay a fine of high value in exchange for avoiding the reduction and cancellation of titles won in the period under investigation. With 21 goals scored in the last ten games, Fluminense packs and looks deci…
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