• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Man City 115 charges hearing update given as £50m Premier League financial blow 'expected'

Home> Football> Football News> Man City

Updated 10:55 4 Oct 2024 GMT+1Published 10:54 4 Oct 2024 GMT+1

Man City 115 charges hearing update given as £50m Premier League financial blow 'expected'

City's hearing is ongoing.

Ryan Smart

Ryan Smart

An update into the hearing into Manchester City's alleged 115 breaches of Premier League rules - and how it could affect the league itself - has been given.

The 115 charges were levelled at City by the Premier League in February 2023.

A hearing into those charges began last month, although the hearing is ongoing in private and, as such, little information has been released to the public.

Advert

A verdict is expected to be announced around the end of the season.

Potential punishments for the reigning Premier League winners if they are found guilty include severe fines, points deductions or, if the club are found guilty of the most serious charges, potential relegation.

In that scenario, the EFL would be under no obligation to accept City as one of its members, as per the London Evening Standard.

The case against City forms part of an annual legal bill for the Premier League.

There is believed to be concern that the sum of money, which will be paid out collectively between the 20 clubs, will rise up to millions of pounds.

Advert

The Daily Mail claim the sum could be 'tens of millions of pounds', although the exact figure is not known.

Now, former City financial advisor Stefan Borson has told Football Insider of his belief that, while even a high sum wouldn't represent too much of a financial penalty when shared across the 20 clubs, it could deal some damage.

He said: "It definitely will impact their funding.

Getty

Advert

"At the end of the day, the Premier League doesn't have any independent sources of finance. There is a central pot of money, which is then distributed to the clubs, so the Premier League is spending the individual clubs' money in prosecuting these cases.

"There is no real way around that. If it's spending £40 to £50 million in the last year, which is what the reports say, then that is the top slice of the clubs' money.

"Each club will have to take a deduction of proceeds for this year from the Premier League to effectively cover these increased expenses.

"Even £50 million across the clubs is not that significant. It isn't that big of a deal from a financial perspective."

Featured Image Credit: Getty

Topics: Manchester City, Premier League, Football

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Advert

Advert

Advert

  • Major Man City 115 Charges Update Drops With Verdict 'Imminent'
  • Man City 115 Charges Explained as Legal Experts Drop Punishment Hint
  • Premier League issue rare statement on Man City's 115 charges hearing
  • Man City’s ‘Most Likely’ Punishment In 115 Charges Case Revealed

Choose your content:

an hour ago
3 hours ago
4 hours ago
5 hours ago
  • Getty
    an hour ago

    Real Madrid Player Sent Off After El Clasico Chaos As Five More Yellow Cards Confirmed

    Referee Cesar Soto Grado had plenty to write in his match report after tensions boiled over at the Bernabeu.

    Football
  • Getty
    3 hours ago

    West Ham make Nuno Espirito Santo sack decision after four games as manager

    The Portuguese manager has not had a good start to life at West Ham United.

    Football
  • DAZN
    4 hours ago

    What Vinicius Jr said to Lamine Yamal before El Clasico altercation

    The two La Liga stars clashed with each other during the biggest match of the season.

    Football
  • LaLiga TV
    5 hours ago

    Vinicius Jr And Lamine Yamal Involved in Heated Altercation Following El Clasico

    Vinicius and Yamal had a heated row seconds after full-time - with Dani Carvajal and Eduardo Camavinga among the others involved.

    Football