Manchester City verdict has significant implications for game’s integrity, warns FA
The Football Association has confirmed it has powers to take disciplinary action against Manchester City and key individuals at the club in the governing body’s first comment since City were found guilty of multiple breaches of financial regulations.
TL;DR
- The FA has confirmed its power to discipline Manchester City and individuals for financial regulation breaches.
- Manchester City has been found guilty of multiple breaches of financial regulations between 2009 and 2018.
- The club allegedly used a "Disguised Funding Scheme" and "sham contracts" to increase income by over £900m.
- City intends to appeal the verdict of the independent commission.
- The FA will wait for the appeal process to conclude before taking disciplinary action.
- The FA can also take action against individuals found to have broken rules or acted dishonestly.
- The FA is closely monitoring the ongoing proceedings.