City 'Held Secret Settlement Talks with Premier League Before Verdict
The talks collapsed as City denied wrongdoing, while the club faces possible points deductions, heavy fines or expulsion over more than 115 charges.
- 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.
32 Articles
32 Articles
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…
Bloomberg reveals that the talks failed before the ruling, while the club defended his innocence and sought to limit the sporting consequences of the case. Learn more: The 20 Premier League coaches respond to the Manchester City scandal: "There must be consequences"
The talks ended quickly, however, as City insisted throughout the proceedings that it was not guilty.
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