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The verdict on 130 financial charges against Manchester City has not been issued after 20 months since hearings concluded. Richard Masters acknowledged widespread frustration.
The independent commission's final verdict on Manchester City's financial violations is still pending, leaving a cloud of uncertainty hanging over the most significant trial in the history of English football.
Here’s a rundown of key facts and the timeline regarding this protracted case:
- Scale of the case: The club faces 130 breaches of Financial Fair Play (FFP) regulations. An initial package of 115 charges was brought forward in February 2023, with an additional 15 charges added since.
- Timeframe: The alleged financial misconduct and reporting violations span a nine-year period from 2009 to 2018.
- Prolonged wait: Main hearings of the independent commission concluded in December 2024, yet a verdict has still not been delivered — the wait has now extended for about 20 months.
- League's stance: Premier League CEO Richard Masters acknowledged the shared frustration, stating, “With each passing day, we are one day closer to a resolution.”
This judicial delay is occurring alongside the implementation of new financial regulations in the Premier League concerning the Squad Cost Ratio (SCR). These regulations set a spending cap at 85% of a club's income, considerably more lenient than the 70% limit set by UEFA.