Manchester City chief executive warns European club leaders after Premier League verdict
Manchester City’s chief executive Ferran Soriano told European club executives the club will contest the Premier League’s finding of guilt on most of the 115 financial misconduct charges, and the club plans to appeal.
Manchester City chief executive Ferran Soriano addressed a meeting of European Football Clubs in Copenhagen, stating the club will continue to fight the Premier League’s decision that found it guilty of the majority of 115 financial-regulation charges. The club, which has been accused of inflating sponsorship revenue and making undisclosed payments to bypass rules, was announced on Friday to have breached most of the allegations.
Soriano said the legal process was far from concluded and that the club would appeal the ruling. The Premier League has not commented on potential sanctions, which could range from a points deduction to expulsion or a substantial fine. City released a statement emphasizing that the Premier League proceedings remain ongoing and are subject to strict confidentiality.
Chairman Khaldoon Al Mubarak wrote to supporters, expressing confidence that the club will prove its innocence and noting that legal constraints prevent him from sharing further details at this stage.