Timeline: Man City’s Premier League financial charges to reported verdict
Summary
Manchester City has been found guilty of nearly all 115 breaches of the Premier League’s financial fair play rules after a long investigation and hearing process. The case began in February 2023 and concluded with a verdict reported in mid-2026, involving multiple phases of legal reviews and statements from club officials and league leaders.Key Facts
- In February 2023, the Premier League charged Manchester City with over 100 financial rule breaches, including inaccurate financial reporting and breaking profitability rules.
- City’s manager, Pep Guardiola, stated the club was innocent until proven guilty and wanted the case resolved quickly.
- The club reported record revenues of 712.8 million pounds (about $876 million) and a net profit of 80.4 million pounds ($106.5 million) for the year ending June 2023.
- An independent commission of three judges held hearings starting September 2024, lasting about 10 weeks.
- A separate arbitration panel ruled on blocked sponsorship deals related to the case in October 2024.
- The final hearing ended in December 2024 with the verdict expected in early 2025.
- Guardiola planned to leave Manchester City at the end of the 2025-26 season after a decade of managing the club.
- The Premier League’s CEO said legal rulings take time and indicated no influence over when the final decision would come.
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