Pep Guardiola, Manchester City’s manager, claims that the team has “already been condemned” for alleged financial guideline violations.
The Court of Arbitration for Sport (CAS) reversed a two-year ban from European competitions for violating Uefa’s financial fair play rules in 2020.
The former coach of Barcelona and Bayern Munich said: “The club proved they were completely innocent.”
“What’s happened since Monday is the same as what happened with Uefa. We have already been condemned.”
“You have to understand that 19 teams in the Premier League are accusing us without us having the ability to defend.”
“I am fully convinced we will be innocent.”
On Monday 6th of February, City was charged with breaking numerous financial laws during a nine-year period. If found guilty, the team might be penalized financially, have points taken away from its record, or even be kicked out of the top flight of English soccer.
After UEFA determined that City had engaged in “severe violations” of financial fair play standards from 2012 to 2016, the club previously had a two-year suspension from participating in European club tournaments overturned by the Court of Arbitration for Sport in 2020.
The most recent charges follow a four-year inquiry and, if proven true, would constitute one of the largest scandals in Premier League history.
Guardiola is adamant he will stay as manager, and City has stated it will establish its innocence.
“I am not moving from this seat. I can assure you, more than ever I want to stay,” Pep Guardiola said.
“Sometimes I have doubts, seven years already is a long time. Now I don’t want to go. Not because people say they lied to you Pep. They didn’t lie to me.”
Since December 2018, City has been charged with around 80 financial rule violations and 30 additional violations for allegedly refusing to comply with the inquiry.
What Did Manchester City Do?
The domestic game has been stunned by the Premier League’s decision to accuse Manchester City of violating its financial regulations.
The Premier League champions, who have won six league titles since being acquired by the Abu Dhabi United Group in 2008, have risen to prominence in English football in recent years.
The Premier League announced on Monday that it had charged City with more than 100 financial rule violations from 2009 to 2018 following a more than four-year inquiry.
Kieran Maguire told BBC Radio 5 Live’s Monday Night Club that “In terms of charges, there are two areas.”
“First, accusations that Manchester City have artificially inflated the money coming into the club, with particular respect to commercial and sponsorship deals. The Premier League appears to be claiming the money was actually coming from the club owner, which doesn’t count towards FFP (financial fair play), but was being disguised as sponsorship income, which does count towards FFP.”
“The other charges are in relation to Manchester City being alleged to have artificially deflated the costs of running the club by having managers on contracts with another company connected to the owners so that they only put through a small element of the true cost of managing the club through the books.”
According to papers leaked to the German publication Der Spiegel in November 2018, City overstated the worth of a sponsorship agreement and purposefully misled Uefa in order to comply with FFP rules that require clubs to break even.
Following the accusations, Uefa conducted an inquiry and determined in 2020 that City had violated the FFP rules between 2012 and 2016 in “severe violations.”
The investigation by the Premier League began in December 2018. City claimed that the claims made in Der Spiegel were “completely incorrect” and that they stemmed from “illegal hacking and the release of City emails out of context.”
City claimed that they were not informed in advance of this week’s Premier League statement.
Pep Guardiola Frustrated With Allegations
Manchester City anticipates that Pep Guardiola will have departed the organization before any potential embargoes resulting from charges of financial rule violations take effect.
Following a four and a half year investigation from 2018 to 2022, Manchester City, the six-time Premier League stance, was found to have violated the league’s financial standards over the course of nine seasons.
The English Premier League levied more than 100 charges against the current Champions on Monday, February 6, 2023.
The English club is accused of violating the relevant contract’s financial reporting requirements and requirements for providing complete information on manager and player compensation.
We are still learning about how Guardiola’s influence on players, despite the fact that the majority of this City club has won four Premier League championships in the last five years.
The 52-year-old is renowned for being intense and paying close attention to every detail, traits that have helped him win 27 significant awards around Europe.
Between 2008 and 2012, Guardiola oversaw Barcelona for four years. From 2013 to 2016, he was in charge of Bayern Munich for three years.
He is currently in his sixth season at City, and more than any other group, the nucleus of the team has experienced his techniques and lunacy.
Will Pep Guardiola stay at City if the club is found guilty of all the allegations against the club?
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