UK Edition

Tuesday, 27 October 2026

Markets Brief

News, business, world affairs and market coverage

UK

Manchester City guilty over Premier League charges after £900m of ‘sham’ contracts

Markets Brief gilt-and-policy note (2026-09-29): Commission: club broke rules over nine-season period City will appeal against verdict before Friday deadline Manchester City breached Premier League financial… Primary source: original at The Guardian (theguardian.com).

Manchester City guilty over Premier League charges after £900m of ‘sham’ contracts
  • Commission: club broke rules over nine-season period

  • City will appeal against verdict before Friday deadline

Manchester City breached Premier League financial rules by creating “sham” contracts to help inflate revenue and reduce costs by more than £900m over a nine-year period, an independent commission found.

The league announced on Tuesday that City had been found guilty on all charges related to serious breaches of its financial rules between seasons 2009-10 and 2017-18. It said a sanction would be addressed in a further hearing with the commission.

Continue reading...