There's a new twist in the Premier League's 115 charges against Manchester City, with Manchester United among those keenly observing the situation. Back in February 2023, City were hit with an alleged 115 breaches of financial rules by the Premier League.
The alleged violations are said to have occurred between 2009 and 2018, including accusations of failing to provide accurate financial information and breaching the Premier League's Profitability and Sustainability rules (PSRs). If found guilty, City could face severe penalties, which could range from a hefty points deduction to expulsion from the league.
This has caught the attention of City's Premier League rivals, including United. Here's the latest on the ongoing case.
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Compensation claims
According to The Times, Manchester United, Liverpool, Arsenal, and Tottenham have all filed legal notices, indicating their intention to seek compensation from Man City if they are found guilty. If the charges are upheld, clubs could claim for loss of income due to missing out on league titles or qualification for the Champions League or other European competitions.
There is a six-year statute of limitations period for compensation claims, which began when the documents were first published on November 5, 2018. The case's circumstances mean that this six-year period starts from when the alleged breaches were made public.
Hearing latest
The latest update on City's hearing into the 115 charges, which started in September and was expected to last around 10 weeks, suggests it should conclude later this month. The hearing is taking place at the International Dispute Resolution Centre in London.
When could the verdict be delivered?
After the hearing concludes, an immediate judgment will not be delivered. There isn't a specific date for when we might learn the verdict, but reports suggest it could be early next year.
However, following the verdict, there is the possibility of an appeal from either side. This would result in a new independent panel being set up and further delay to any conclusion.
The case, however, cannot proceed to the Court of Arbitration for Sport.
