Tuesday, November 5, 2024

Man City ‘really worried’ about FFP charges ahead of ‘significant’ sanction

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A football finance boffin believes Manchester City are showing signs of worry over their 115 Financial Fair Play charges, following the club’s decision to take legal action against the Premier League concerning related party transactions.

Set to commence on Monday, the lawsuit challenges the regulations designed to prevent club owners from excessively sponsoring their teams through affiliated businesses at rates above fair market value. City contends that these rules are in conflict with UK competition laws aimed at maintaining a level playing field in commerce.




In the event of a victory, City also plans to pursue damages from the Premier League. This development emerges as the Blues await the outcome of the hearing for the 115 FFP charges levelled against them.

The Premier League has accused City of submitting false information regarding player and manager remuneration from 2009 to 2018 and hindering the inquiry process. City have consistently rejected these claims, asserting they possess ‘irrefutable evidence’ to vindicate themselves.

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Commenting on the impending legal battle and the FFP allegations, football finance guru Professor Rob Wilson spoke to OLBG about City’s litigation being a desperate measure.

“There’s obviously been a huge amount of pressure on the Premier League as a consequence of Everton and Nottingham Forest being deducted points and there’ll be a big case with Leicester City when they get promoted into the league next season,” he said.

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