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MANCHESTER, United Kingdom (AFP)—Manchester City have been found guilty of serious breaches of the Premier League’s financial rules over a nine-season period between 2009 and 2018, it was confirmed on Tuesday.
City were found to have arranged sham contracts with a number of commercial partners to artificially inflate the club’s revenues and reduce costs, concealing the true state of their finances and avoiding breaches of Premier League and UEFA spending limits as a result.
An independent commission also found the club guilty on the majority of charges in relation to their failure to co-operate with the league’s investigation.
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