From BBC Sport · · 1m 30s
Man City Guilty of £830m Sham Contracts
Premier League confirms Manchester City broke financial rules with £830m disguised income.
In brief
Premier League confirms Manchester City broke financial rules with £830m disguised income. Manchester City admitted to using fake contracts to hide £830m secret funding from 2009-2018. Originally reported by BBC Sport.
Premier League Verdict
Premier League confirmed Manchester City guilty of all financial rule breaches from 2009-2018.
Sham Contracts Scheme
Club used fake sponsor deals to hide £830.69m secret funding from 2009-2018.
Financial Fraud Details
Only £43m of £360m sponsor fees were legitimate during their three league wins.
Commission Findings
Commission found club deliberately circumvented rules to avoid largest single-season loss in 2009-10.
Evidence Scale
Commission report included over 750 pages of documents and tens of thousands of pages of evidence.
Abu Dhabi Ownership
City owned by Abu Dhabi United Group since 2008, referred to as ADUG in reports.
Premier League Reaction
Richard Masters said the decision shows how City systematically broke rules for nearly a decade.
MP Concerns
Culture, Media & Sport secretary Lisa Nandy called the report 'incredibly stark' and concerning for fans.
Former Chairman Statement
David Bernstein said the Premier League's credibility is at stake and City might face removal from league.
Man City Response
Club claims innocence and will appeal the decision, calling it full of errors and unsafe.
Timeline of Events
City faced 115 financial rule breaches from 2018-2026 with ongoing appeal process.
In short
Manchester City admitted to using fake contracts to hide £830m secret funding from 2009-2018.
