Man City have been charged with 115 breaches of FFP. It was set by the Premier League from the last month of February 2023. iN 2009 THE Financial Fair Play was set by the UEFA and implementation was done by the Premier League at the start of 2012 season.
The design of FFP is due to the fact that clubs don’t overspend. In this way it is confirmed that every club spends the amount of what they earn. FFP, or Financial Fair Play, is like a safety net for football clubs. It stops them from falling into huge debt, which used to happen a lot before FFP rules were put in place. Simply put, FFP means clubs have to make sure they’re not spending more money than they’re bringing in over a three-year span.
We all are familiar that Man City has been under investigation for the last few years. They are still trying to prove their innocence that they did nothing against the FFP rule and did not violate any rule. The club won three big titles in 2022/23, but got banned from UEFA competitions for two years and fined £26.8 million. They went to court and the ban was canceled, and the fine was reduced to £8.9 million. These financial rule accusations have been hanging over the club for a long time, and Manchester City really wants this resolved soon.
FFP and Man City Charges
Man City has been accused of breaking financial rules a whopping 115 times over nine years, from 2009 to 2018. It’s surprising because they’ve won the Premier League three times during this period. The charges were detailed in a statement by the Premier League in February 2023. An independent commission will look into these charges, and it’s important to note that this review isn’t connected to the Premier League or its member clubs.
Type of charges | Number of breaches within the charge | Time of trial | Decision |
They are fail to give the accurate information from 2009 to 2010 2017 to 2018 | 54 | Autumn 2024 | Summer 2024 |
Failure to provide the financial reports for player and manager | 14 | Autumn 2024 | Summer 2024 |
Fail to cooperate with Premier League investigation | 35 | Autumn 2024 | Summer 2024 |
What are the meanings of the Premier League statement?
Man City is being accused of breaking rules from 2009-10 to 2017-18 by not giving accurate financial details to the Premier League. These rules ask clubs to provide truthful financial info like sponsorship deals and salaries. All Premier League clubs agree to follow these rules, promising to be honest and have their accounts checked every year. Man City is accused of exaggerating the worth of their sponsorships, especially those connected to their owners like Etihad, the airline from the United Arab Emirates.
Another accusation says that Man City didn’t tell the truth about paying their managers and certain staff over a few seasons. They’re accused of hiding parts of player and coach salaries by paying them through other companies or in secret. This was first reported by Der Spiegel, a German news outlet. They reported that when Roberto Mancini became manager in 2009, he actually signed two contracts with Man City. One paid him £1.45 million to manage the team, and the other paid him more to consult with a team based in the UAE called Al Jazira, which Sheikh Mansour, the club’s chairman, also owns.
Final words
Man City faces 115 charges of breaching Financial Fair Play (FFP) rules spanning from 2009-2018, despite winning three Premier League titles. Accusations include misleading financial reporting and hiding player salaries. These allegations reflect a longstanding investigation, with the club striving to clear its name amid significant penalties and legal battles.