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Insider gives update on Man City charges case as Sheikh Mansour pumps in £100m
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We’re still no closer to finding out when Manchester City will receive their punishment for their Premier League financial rules breach.
Man City were found guilty of breaching the Premier League’s financial rules in September before launching an immediate appeal.
The club are strong in their stance that they are innocent of the accusations and have ‘irrefutable evidence’ to prove it.
But following the verdict, there have been calls for their trophies from the period where breaches occurred – 2009 to 2018 – to be stripped and for them to be relegated from the top-flight .
Since the news broke of them being guilty on 114 charges though, no sanctions have been handed out to punish them.
And huge questions remain over whether they could end up facing further punishment or if they will be punished at all.
So, with fans wanting answers as soon as possible, what stage is the process at amid City’s appeal and expected hearings?
What is the latest on Man City’s case?
Football finance expert Stefan Borson told talkSPORT’s White and Jordan : “There’s a lot of confusion as to the exact stage that we’re at.
“I’ve heard lots of different things, so I don’t know whether they’ve had the sanction hearing or not had it.
“I was told by somebody who should know that there had been no sanction hearing as of last week.
“There’s then the question of whether the sanction hearing is published or not.
“City will, I’m sure, try and argue it should’ve been published or that it shouldn’t be binding or we shouldn’t have a minus whatever, in the way we did with Everton and Nottingham Forest .
“We’ve seen it crystallise with Everton and Nottingham Forest, so the Premier League may well argue that it should crystallise immediately (with Man City).”
When asked whether there’s a date that the sanction will be revealed, Borson continued: “There’s so many different aspects to what’s going on right now, the level of litigation, appeal, other issues…
“The Premier League just brought on a guy, Sir James Eadie KC, who is the No.1 choice for government in these sorts of very technical, public law disputes, or judicial review type things.
“So there’s obviously something going on in terms of an issue that requires a non-commercial KC to get involved.
“We just don’t know what it is and there’s just a number of different things it could be… it could be an appeal to part of the disciplinary section case, or it could be a Rule X arbitration, which is a challenge or an appeal to an appeal…
“It gets very complicated.”
Mansour pumps £100m into Man City
Amid the ongoing appeal process, Man City have, of course, been continuing to play, albeit while facing some backlash .
Meanwhile, off the pitch, owner Sheikh Mansour has reportedly injected £100m into the City Football Group in a big financial boost to City and the other 11 clubs under the organisation’s umbrella.
But Borson is reading too far into the new investment, revealing details on what the money may actually be used for.
“It’s support clearly,” Borson began. “But, first of all, it’s into City Football Group (CFG), which is the parent company.
“Remember, these businesses are not making money and even more so CFG, as CFG has 12 clubs.
“One of them (New York City FC) is building a very big stadium in New York, so not only have they done a £400m development in Manchester, which is the stand, behind that the hotel and retail plaza, they’re also building infrastructure in New York, so of course they need cash.
“The fact that he’s putting money into CFG, there’s no other option. Either he puts the money in or someone else does.”
He added: “All of these clubs that you see raising capital, you see it across the league, these clubs are not generating profit.
“If you’re not generating profit, clearly you need cash to pay the bills.
“That is the way these things work and it will continue. City will continue to need cash because there’s a high cash burn, not just in Man City, but in the rest of the group.”
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