Man City guilty of 'sham' contracts and misleading accounts | HappeningNow.news

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Man City guilty of 'sham' contracts and misleading accounts

Manchester City arranged "sham contracts" with a number of its commercial partners as part of a scheme to disguise secret funding of more than £830m, the Premier League says.

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Manchester City arranged “sham contracts” with several commercial partners to conceal secret funding of more than £830 million, the Premier League said. The club was found guilty of all charges related to breaches of the league’s financial rules covering the 2009‑10 to 2017‑18 seasons. The League confirmed the scheme involved disguising the source of the money through these contracts. No further details were provided.

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