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Manchester City Guilty of Major Financial Breaches Over Nine Seasons An independent commission ruled Manchester City guilty of serious breaches of Premier League financial rules from 2009-10 to 2017-18, using sham contracts and disguised owner funding to overstate revenues by £854.5 million. The club disguised £830.7 million in owner payments as sponsor money, with reported sponsor income at £949.4 million against actual £119.2 million. City plans to appeal while maintaining innocence, as pundits like Jamie Carragher call the stain lasting until owners leave, and sanctions await a further hearing.
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