The President of the League, Javier Tebas, has confirmed that he has denounced the Manchester City in the European Commission for alleged financial breaches.
The city is waiting for a final verdict of the Premier LeagueResearch on their business after they were accused of 115 breaches of the financial regulations of the division between 2009 and 2018.
The champions of the Premier League reigned are now facing another research by the European Commission after Tebas, which has had it Many recent currents with Real Madridaccused City of the breaches of the rules related to state companies.
“The city has many companies in its group that are outside the city football group structure, additional companies where they involved their expenses,” Tebas told the FT Business of Football Summit. “These other companies lose the money, but not the club itself. We have reported about Manchester City in the EU. We have the facts and figures.
“We asked to review the city. It is very important that all clubs are subject to the same rules of transparency and governance on both sports and financial side.
“The case of the city is the one where we believe that they have meant the losses of companies that are not officially part of the city football group.”
Tebas continued: “They have a Scouting company, a marketing company. This is where they have very high expenses. They turn on the city for less money. The city has less costs than if they did not have this circle of companies around.”
The city has continued to deny all complaints against them, insisting that its public financial records do not show signs of any crime.
Richard Masters, the Chief Executive Officer of the Premier League, spoke at the same event and was asked for an update to the research on the 115 positions against the city.
“The disciplinary panel has heard the case and must be left alone now to consider its decision and taking into account the time and space to be able to do it,” said Masters.
