Friday, November 22, 2024

Man City given settlement prediction on 115 charges and point deduction

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Kieran Maguire and Stefan Borson have agreed it’s ‘unlikely’ that Manchester City and the Premier League will reach a settlement before the 115 charges of Premier League regulations are heard. In February 2023, the English top flight charged its champions with 115 alleged breaches of financial regulations.

These include accusations that the club failed to provide accurate financial information and failed to cooperate with investigations spanning nine seasons (2009/10 to 2017/18). Manchester City strongly deny any wrongdoing and the case is set to be heard by an independent commission later this year.




Speaking on the ‘We’re Not Really Here‘ podcast by BBC Radio Manchester, football finance expert Maguire and lawyer Borson, who was once a financial adviser at the Etihad Stadium, were asked whether there’s a chance that the two parties agree on a settlement before the hearing.

“It would certainly save a lot of money on behalf of both sides,” said Maguire. “It could mean that both parties could claim a victory, but I think in terms of public opinion and the reaction there’s likely to be from both the media, and I suspect from other clubs, it’s not really something that would be palatable to the Premier League nor City.”

Borson added: “There are ways in which it could occur within the Premier League rules. But I think they missed their window for a settlement. Now that it’s public and now that we’re so close to the hearing, it would be very unlikely for them to find common ground politically to get this settled.”

In an interview with The Times in May, Richard Masters provided a brief update on the hearing. The Premier League CEO said: “All we have said is that a date has been set for the hearing. We haven’t said when that is. Our rulebook requires these commissions to be held in private, and everything to be confidential.”

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