Manchester City held early-stage settlement talks with the Premier League, a move that could’ve helped mitigate the massive sanctions the team may be facing had the discussions not broken down
Manchester City has been one of the UAE's most successful outlets for projecting soft power. But the ruling that the club broke Premier League rules has put relations with the UK under real strain, with billions at stake.
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Manchester City inflated its revenue by £900 million with the club guilty of all charges related to serious breaches of financial rules, the Premier League said.
Manchester City artificially inflated its financial position by more than £900mn over a nine-year period in which it arranged ‘sham’ commercial deals and overstated its income, the Premier League said.