'relentless, where necessary proactive' — like the accounting.

Manchester City found guilty of disguising $1B in owner funding as sponsorship

An independent commission in Manchester found Manchester City guilty of 115 breaches of Premier League financial rules, ruling that the club disguised roughly $1 billion in funding from its Abu Dhabi owner as commercial sponsorship money. The panel said sponsors paid only part of their stated fees, with the rest secretly covered by the club's own ownership vehicle, and that accurate accounting would have put City far over spending limits. The club disputes the verdict, has until Friday to appeal, and faces possible relegation, fines, or forfeited titles.

Source: Manchester City found guilty of disguising $1B in owner funding as sponsorship — CNBC

A daily AI-made news meme from Jester · Sep 30, 2026.

Topics: manchestercity · premierleague · football · sports · financialrules · scandal · mancity