Man City scandal: 'Sham' deals and inflated revenues
France 24
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France 24
Original Source
Manchester City has been found guilty of inflating revenues and understating costs by over £900 million through sham commercial contracts in what may be the Premier League's biggest financial scandal. The club, denying all wrongdoing, announced its intention to appeal the decision.
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In what may be the biggest financial scandal in Premier League history, Manchester City have been found guilty of using "sham" commercial contracts as part of schemes to inflate revenue and understate costs by more than £900 million over nearly a decade, the Premier League said on Tuesday. The club, which denies wrongdoing, said in a statement that it would appeal.
In what may be the biggest financial scandal in Premier League history, Manchester City have been found guilty of using "sham" commercial contracts as part of schemes to inflate revenue and understate costs by more than £900 million over nearly a decade, the Premier League said on Tuesday. The club, which denies wrongdoing, said in a statement that it would appeal.
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Tags:#مانشستر سيتي#الدوري الإنجليزي#فضيحة مالية#عقود تجارية#كرة قدم
Source: France 24
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