The ultra-rich face … accountability? Manchester City and Clippers verdicts show it’s possible | Leander Schaerlaeckens
Summary
Two major sports teams, the Los Angeles Clippers in the NBA and Manchester City in the Premier League, have been found guilty of breaking rules related to money and regulations. The Clippers were punished for secretly paying a player more than allowed, while Manchester City faces charges for cheating financial rules over nearly a decade.Key Facts
- The Los Angeles Clippers secretly paid player Kawhi Leonard $28 million for a job he did not actually do, breaking NBA salary rules.
- The Clippers were punished by losing five first-round draft picks and fined $30 million. Owner Steve Ballmer was suspended for one year.
- The NBA's findings came after a year-long investigation, including reporting from a Pulitzer Prize-winning podcast.
- Manchester City was found guilty of over 100 charges of breaking Premier League financial rules between 2009 and 2018.
- Manchester City also obstructed the investigation into their actions from 2019 to 2023.
- Manchester City denies the charges but faces ongoing legal battles and damage to its reputation.
- The Clippers’ owner Steve Ballmer bought the team after the previous owner, Donald Sterling, was removed for racist comments.
- Both cases show some level of accountability for very wealthy sports team owners, which is unusual.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
