Both sides have committed breaches of the financial rules that they are supposed to follow and are under investigation, with punishments rumoured.
Mirror, mirror, on the wall, who has been the naughtiest football club of them all... when it comes to breaches of Financial Fair Play rules? The song sounded better in my head, but it remains true that both Manchester City and Chelsea have broken a plethora of financial regulations that everyone else has to live by.
We take a look at who has the highest number of cases under investigation by the independent panel, but explain them all? That’s coming out in hardback format.
The treble holders are under investigation for a whopping 115 financial rule breaches from 2009 to 2018. Pep Guardiola’s side have been accused of misleading regulators about revenue from both sponsorship income and operating costs, as well as payments made to club figures such as ex-manager, Roberto Mancini.
Manchester City have denied all wrongdoing and their statement conveyed their surprise while also stating that “the club welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position”.
Chelsea, meanwhile, have been accused of breaching financial rules while ex-owner Roman Abramovich, was in charge. The Russian Oligarch was forced to sell the club after UK sanctions were put in place following the illegal Russian invasion of Ukraine, but he was chairman from the year 2003 after buying it for £140m. There are numerous breaches of rules but no specific number, such as the clear 115 that Manchester City have become known for, has been given out.
The Guardian reported that “leaked files revealed a
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