5.0_sey retweeted
“so ornstein jumped the gun?”
⚡
BREAKING: The Premier League confirm an independent Commission has found Manchester City guilty of all charges related to serious breaches of the Premier League’s financial rules over a nine-season period, and the majority of charges in relation to its failure to co-operate with the League’s investigation. The independent Commission found that between Seasons 2009/10 and 2017/18: "Manchester City arranged ‘sham’ contracts (which misrepresented the true agreement between the parties) with a number of its commercial partners, as well as relying on ‘sham’ agreements with others, to artificially inflate the club’s revenues and reduce its costs. "The club filed misstated accounts and concealed the true state of its finances from its auditors and football regulators. "Manchester City was significantly in breach of both the Premier League’s and UEFA’s spending limits. "During the Premier League’s investigation, Manchester City committed multiple breaches of its duties of co-operation and utmost good faith towards the League (three of the four alleged breaches were upheld). "The independent Commission found that Manchester City arranged ‘sham’ commercial deals with a number of its sponsors during the period, which were part of a disguised funding scheme, whereby those companies were only required to pay a portion of the relevant sponsorship fees. The remainder was funded by Abu Dhabi United Group Investment & Development Ltd (ADUG), which owned the club. As part of the scheme, further ‘sham’ arrangements, funded by ADUG, were entered into to enable the club to record lower operating expenses than it actually incurred, as well as a ‘sham’ circular arrangement with Fordham, an entity that purchased the club’s players’ image rights, that was funded by ADUG." The EPL add: "The purpose of these schemes was found to have been to artificially inflate the club’s revenues, and reduce its costs, by more than £900 million during the affected period, to appear to comply with financial rules. The consequence of this, as the Commission found, was that the club filed misstated accounts and concealed the true state of its finances from its auditors and football regulators. The Commission concluded that ‘by its conduct the club clearly intended to circumvent the PL Rules. "As a result, Manchester City failed to accurately report its income and expenditure for the purposes of the Premier League’s Profitability and Sustainability Rules and UEFA’s Club Licensing and Financial Fair Play Rules. The Commission found that, had all of the relevant agreements been reported accurately in the club’s accounts, it would have been in breach of both the League’s and UEFA’s spending limits by a very substantial amount. "In addition, during the course of the four-year investigation conducted by the Premier League, the club committed multiple breaches of its duties of co-operation and utmost good faith towards the League. The Commission concluded that the club had ‘made concerted efforts to stop and frustrate the PL investigation." Richard Masters: “The core decision establishes the facts of what happened at Manchester City during this period. It details how the club systematically broke Premier League Rules for nearly a decade. “It also vindicates the Premier League’s decision to pursue this case against Manchester City.  While the process to date has been both long and difficult, the League has remained determined that the facts be established independently. “It is a key responsibility of the Premier League to ensure that the Rules, approved by the clubs themselves, are upheld to protect the integrity of the competition. It is paramount that the League remains competitive and fair for all clubs and for the fans. We take that role extremely seriously. “This disciplinary case, and this decision, are the most significant in Premier League history. There are elements of the case that remain to be decided, including, importantly, what sanction must follow for these breaches. Now we have the Commission’s decision, we are committed to moving swiftly through the remainder of the process, to provide certainty for the League, our clubs and fans.” A redacted version of the independent Commission’s findings has been published. Now that the charges have been proved, the issue of sanction will be addressed separately in a further hearing. City has the right to appeal the independent Commission’s findings and has until Friday 2 October to exercise that right.
10
228
6,429
156,304
5.0_sey retweeted
oh no that means we need to play mainoo baleba tielemans mdf
sammy
🚨🤕 | NEW: Bruno Fernandes has been playing with an injury for almost THREE WEEKS. He nearly MISSED both games against Manchester City and Fulham recently. [@RobDawsonESPN]
3
28
376
21,886
5.0_sey retweeted
Maga FC thinks he's hinting his resignation day in 114 days
12
813
27,213
520,897
5.0_sey retweeted
Replying to @MarvelChampions
@MarvelChampions Who is your favorite dimensional beig? This one was @utd_sey Choice
1
1
16
329
ZEMO VS 25 HEVO JEAN vs 34 PUNISHER SPIRAL VS 6 GORR PROWLER VS 15 DOMINO ZEMO VS 25 SPOT ZEMO VS 34 BONG PROWLER VS 41 ONSLAUGHT youtu.be/55J4tiFw5SU?is=Cv_y…
1
35
TARA VS N4 ZEMO CAT VS N13 THING CAT VS 25 SPOT (death) BRIT VS N34 BONG TARA VS N48 RHINO youtu.be/UZGQ1lKSLZ4?is=WsOs…
1
63
Mbappe can’t campaign for Ballon d’Or for 3 weeks
Téléfoot
54
1,766
38,708
853,467
5.0_sey retweeted
brian brobbey club hattrick in england before 27 year old starboy saka
⚡
17
434
11,858
124,250
5.0_sey retweeted
"Chelsea dodged a big bullet"
⚡
40
2,539
64,277
1,478,445
5.0_sey retweeted
Wanted to laugh at Chelsea but i remembered i support Manchester United football club
wkz
15
811
10,787
115,809
that "JJ Gabriel to Fulham, HERE WE GO!" in 8 years time 🕊️
⚡
8
73
3,506
26,915
Rey Mysterio Jr. might actually be the perfect pro wrestler.
brock lesnar & rey mysterio display perfect pro wrestling in 77 seconds
26
371
6,151
257,825
5.0_sey retweeted
410m spent for a 41 game season
⚡
We exit the Carabao Cup.
63
2,912
72,120
2,483,864
5.0_sey retweeted
just need to accept this isn’t a serious club anymore and just move on with your life
193
4,910
24,855
430,671
SPIRAL VS N7 AARKUS SPIRAL VS N16 ARCADE BONG VS N22 VOID SPIRAL VS N31 SERPENT PATRIOT VS N42 KNULL SPIRAL VS N49 MAESTRO youtu.be/wAy2tqJyMM4?is=Qntc…
1
1
46
5.0_sey retweeted
We conceded 6 goals in the PL already and some Utd fans thought we can do a TITLE CHARGE
⚡
5
58
1,582
23,592
SPIRAL VS N7 AARKUS SPIRAL VS N16 MAN THING ZEMO VS N23 DESTROYER ZEMO VS N32 SANDMAN SPIRAL VS N46 SERPENT youtu.be/nOiEuL0YgdY?is=ZhoS…
2
45
5.0_sey retweeted
The loss becoming more and more excusable
⚡
Another point to continue our unbeaten start to the season! 👌
20
674
22,620
689,412
HULKING VS N4 SHOCKER GHOST RIDER VS N13 ENCHANTRESS HULKING VS N22 TOAD GHOST RIDER VS N31 SERPENT PATRIOT VS N42 HEVO HULKING VS N47 ONSLAUGHT youtu.be/Nwzu_aLEPOk?is=9dBj…
1
41
5.0_sey retweeted
Rolls Royce?👀😂
Look at my Rolls Royce against PSG.
59
650
12,553
765,238