LONDON (AFP) - The Premier League has launched an investigation into the reports surrounding Manchester City's alleged financial misconduct.
Uefa, European football's governing body, said on Thursday (March 7) it is looking into "several alleged violations" concerning Financial Fair Play (FFP) at City.
That probe came after German magazine Der Spiegel, using material purportedly obtained from the whistleblowing outlet Football Leaks, alleged in November that City had set up sponsorship deals to circumvent regulations limiting how much money owners can put into a club.
A ban from Uefa competitions, including the Champions League, is a potential punishment if City are found guilty of FFP breaches.
City claim the allegations are "entirely false", but the Premier League have decided to open their own investigation of the English champions' financial matters.
As well as the issues under the Uefa microscope, the Premier League will also focus on City's academy player recruitment and third-party ownership.
"The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club," a Premier League statement read.
Â
Â
"The League has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership.
"We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them." City were fined €60 million (S$90 million) and subjected to squad, wage and spending caps in a 2014 settlement agreed with Uefa following a previous breach of the rules.
City manager Pep Guardiola, whose side are currently top of the Premier League, insisted on Friday that the financial probes wouldn't tarnish his legacy.
Guardiola has won the Premier League and two League Cups with City and is chasing an unprecedented quadruple this season.
Football: Female staff member of Hougang United charged with CBT over $278,000 clubhouse funds. Hougang United said the police report was made on the day of the incident in December 2018 and the
S$278,200 missing from Hougang United Football Club; employee
Socceroos bounce back with solid win over Palestine as they comfortably contained a Palestinian outfit forced to come out of their shell to chase the game. bounce back with solid win over
Palestine 0 Australia 3: Maclaren and Mabil help Socceroos
The 2019 Singapore Premier League season is Tampines Rovers's 24th season at the top level of Singapore football and 74th year in existence as a football club. The club will also compete in the Singapore League Cup, Singapore Cup, Singapore Community Shield and the AFC Cup
Group F: Tampines Rovers FC 4-2 Naga World - the-afc.com
Solid and smart Bayern hold Liverpool at Anfield Champions League experience and quality organisation as they held Liverpool to a goalless draw in the first leg of their last 16 match at
Liverpool vs Bayern Munich: Solid Bayern hold Liverpool to 0
Rio de Janeiro: Chelsea's Willian will replace Neymar in Brazil's Copa America squad, the Brazilian Football Confederation (CBF) said on Friday, after the world's most expensive player was sidelined by injury.
Willian to replace Neymar in Brazil's Copa America squad
Thomas Lemar scored late as Atletico Madrid kept their slim LaLiga title hopes alive with a 1-0 win at Eibar.. Atletico seemed set to be held at Ipurua on Saturday and hand runaway leaders
Atletico dent Ronaldo's title hopes with 2-0 win over Juventus
It has three main sources of funding to operate: The Mayor's Homelessness Fund which has so far raised over £125,000; Tackle4MCR which has funneled £1m through the donations of Manchester City's Vincent Kompany and, finally, Big Change Manchester (Real Change Manchester in some boroughs) which is open to donations from the public.
Flipboard: He works with the homeless, is incredibly bright
Kepa was fined one week's wages by Chelsea for his behaviour, but Sarri appeared keen to draw a line under the damaging row when he faced the media after the Tottenham game. Asked if Kepa was still his number one, Sarri said: "Of course. I think it was the right decision.
Maurizio Sarri: 'Disaster' settled Tottenham 1 - Chelsea 0
A version of this article appeared in the print edition of The Straits Times on April 04, 2019, with the headline 'Seniors welcome but Fandi happy with team'. Print Edition | Subscribe.
New Employee Welcome Aboard Email Examples
Barcelona has welcomed Ousmane Dembele back to training ahead of a crunch LaLiga clash with title rival Atletico Madrid and its Champions League quarter-final with Manchester United. Dembele sustained a torn hamstring after coming off the bench in Barca's 5-1 last-16 second-leg win over Lyon last month, with Ernesto Valverde accepting he knew
JUST IN: Dembele takes part in full training ahead of United
LONDON • Maurizio Sarri has described the alleged racist abuse of Manchester City forward Raheem Sterling by Chelsea fans as "disgusting" and condemned discrimination in any form in his first
Sarri condemns 'disgusting' Sterling abuse | FOX Sports Asia
Ten-man PSG humiliated at Lille, made to wait for title 15 Apr 2019 Lille's Jose Fonte (centre) scores against Paris Saint-Germain during their French League match on Sunday.
Ten-man PSG humiliated at Lille, made to wait for title
0 Kommentare:
Kommentar veröffentlichen