Manchester City could face a “very real” threat of relegation from the Premier League due to the precedent set by punishment for Everton’s financial irregularities.Everton were left with 10 points after a financial review on Friday, with the club making significant losses between 2019/20 and 2021/22.
The ban saw the Blues drop from 14th to 19th in the league, with their points dropping from 14th to fourth. This is our lowest performance to date.It could be a milestone in the Premier League’s fight against financial doping, although some fear Everton have set a precedent in calling for an independent regulator.
But the 115 indictment against Manchester City and the investigation into Chelsea’s finances under Roman Abramovich set a precedent.According to Martin Ziegler of the Times, “The threat of a 30-point deduction or automatic relegation from the Premier League looks very real for both [clubs]”.Manchester City, England – Monday, September 18, 2023: Manchester City manager Josef ‘Pep’ Guardiola at the pre-match press conference at the Etihad Campus ahead of the UEFA Champions League Group G match between Manchester City FC and Red Star Belgrade.
Of course, that’s if the claims are “substantiated by an independent regulatory committee” and the Premier League club consider a points deduction to be “minimum sanction”.The allegations against Chelsea have been described as “baseless” as the club’s new owner reported the wrongdoing himself.
However, punishments for Man City or Chelsea will take much longer to report than for Everton due to the complexity of the cases. Manchester City have already contested 115 charges after the lawyer handling the disciplinary proceedings is said to be an Arsenal fan.The Manchester club, determined to delay the trial as long as possible, also appointed barrister Lord Pannick QC to represent them, a rare occurrence at first instance hearings because of his profile.
Manchester City, England – Saturday 4 March 2023: Manchester City Chairman Khaldoon Al Mubarak (left) and Chief Executive Ferran Soriano (right) during the English Premier League match between Manchester City FC and Newcastle United FC at Manchester City Stadium. Manchester City won 2-0.
Pannick’s wages could be as high as £10,000 an hour, which is higher than most of the squad and shows how serious Man City are about this.In an internal interview last June, the club’s chairman, Khaldoon Al Mubarak, said the club was “well run” and that the owners were “very upset” because allegations of financial doping were believed to have undermined their success. square. Al Mubarak confirmed that the club is “awaiting the legal process” and will take the “necessary time” to complete the case.
Manchester City announced record profits of £712.8m for the 2022/23 season earlier this month, but those outside the Etihad believe this is legitimate.
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