# @meninblazers on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Dd4LDoSlCGM
- **Gondola URL:** https://gondola.cc/posts/70974738-meninblazers-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/7c65f880af.jpg
- **Posted:** 2026-09-29T16:19:13.000+00:00
- **Account Owner:** Men in Blazers (@MenInBlazers) — https://gondola.cc/MenInBlazers

## Caption

PREMIER LEAGUE RELEASE STATEMENT CONFIRMING MANCHESTER CITY FOUND GUILTY OF ALL SERIOUS CHARGES

A shortened version of the Premier League statement is below 👇

An independent Commission has found Manchester City FC guilty of all charges related to serious breaches of the Premier League’s financial rules over a nine-season period, and the majority of charges in relation to its failure to co-operate with the League’s investigation.

The independent Commission found that between Seasons 2009/10 and 2017/18:
- Manchester City arranged ‘sham’ contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs
- The club filed misstated accounts and concealed the true state of its finances from its auditors and football regulators
- Manchester City was significantly in breach of both the Premier League’s and UEFA’s spending limits
- During the Premier League’s investigation, Manchester City committed multiple breaches of its duties of co-operation and utmost good faith towards the League (three of the four alleged breaches were upheld)

The independent Commission found that Manchester City arranged ‘sham’ commercial deals with a number of its sponsors during the period, which were part of a disguised funding scheme, whereby those companies were only required to pay a portion of the relevant sponsorship fees. The remainder was funded by Abu Dhabi United Group Investment & Development Ltd (ADUG), which owned the club. As part of the scheme, further ‘sham’ arrangements, funded by ADUG, were entered into to enable the club to record lower operating expenses than it actually incurred, as well as a ‘sham’ circular arrangement with Fordham, an entity that purchased the club’s players’ image rights, that was funded by ADUG.

## Stats

- **Views:** 0
- **Likes:** 4,600
- **Shares:** 0
- **Comments:** 142

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Men in Blazers | @MenInBlazers | https://gondola.cc/MenInBlazers | Sports Media Outlet |

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