The commission’s findings allege that the club utilized sham contracts with various sponsors to artificially inflate revenue streams while simultaneously suppressing operational costs. By concealing the true state of their accounts, the club reportedly circumvented spending limits established by both the Premier League and UEFA. According to the commission, these actions resulted in approximately £900 million in financial advantages for the club, with the ruling stating that Manchester City clearly intended to bypass established league rules.
Premier League Response and Next Steps
Premier League Chief Executive Richard Masters described the ruling as a landmark moment for the competition. He emphasized that the decision validates the league's pursuit of the case and underscores the necessity of upholding rules to maintain fairness and integrity for all clubs and supporters. Masters noted that while the process has been lengthy, the league remains committed to resolving the matter, with the next phase focusing on determining appropriate sanctions.
The investigation, which officially began in December 2018, involved a 42-day hearing that concluded in December 2024. The commission acknowledged a delay in delivering its final decision, citing the complexity of reviewing approximately 7,000 pages of witness testimony and expert evidence. The club now has until October 2 to exercise its right to appeal the commission’s findings.
Manchester City Deny Allegations
In response to the ruling, Manchester City expressed both disappointment and surprise, maintaining their innocence regarding the accusations. The club stated that they possess a comprehensive body of evidence to support their position and intend to challenge the commission's decision through all available regulatory and legal forums.
The club characterized the commission’s findings as an opinion containing material errors of law, principle, and fact, labeling the decision as unsafe. As the Premier League prepares to initiate a separate inquiry to decide on sanctions, the club has confirmed its intention to pursue an appeal, ensuring that the legal and regulatory process remains ongoing.
