The Manchester City verdict and England run world champions close – Football Weekly

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What are the details of Manchester City’s financial verdict and the charges they faced?

John Brewin 0:00
This is the Guardian.
Max Rushden 0:13
Hello and welcome to the Guardian Football Weekly. You worry about how to fill the international break, and then well, the Man City verdict we never thought would come arrives on a quiet Friday afternoon. Or at least it's leaked. City maintain their innocence. Who knows how long an appeal will take? But for now, what punishment fits the crime, both for the club and for the owners and anyone involved? What did this mean for the last fifteen years of city domination? Did it not happen? And would it be quicker to ask who isn't gonna sue them now for lost trophies, lost earnings, lost money? Moments, etc. Then to some actual football. England gives Spain a good game in the Nations League, but again, don't quite get over the line against top opposition.
Max Rushden 0:44
Not a game of huge consequence, but how to get over that? And then to the fiasco in Hungary, where the Republic of Ireland beat Israel on Sunday. Gavin Bazuno dropped out. There was a secret ballot in a secret meeting that we all heard about. The players and manager in the middle of a moral maze that should have been decided by FIFA or UEFA or the Irish government or the FAI. The rest of the Nations League might. have to wait, there's a lot to get through. This is the Guardian Football Weekly. on the panel today. John Bruin, welcome. Hello there. Hello, Barney Ronnie. Hello, everyone. Welcome Barry with Glenn Denning. Hi, Max. And from the Price of Football, uh he's been uh he hasn't been on air on uh network or a podcast for two minutes, so we've contracted advised to bring him on from the price of football, Kieran Maguire.
Max Rushden 1:27
Hey Kieran. Morning all. Alex says all the big hitters are out for this one. Hope it's two hours long. Charlie, should the nineteen ninety nine Division two playoff final be declared null and void? Uh Paraguay Ralph. For the National League defenders facing Erling Haaland. Mike says, Is this a good time for City fans to dust off last season's panic banners? Okay, so the news broke on Friday that Man City had been found guilty of the vast majority of the 115 charges against them relating to breaches of Premier League financial regulation. Two years and ten days since the hearing began, the news was leaked rather than an official announcement for the Premier League that we're still waiting for. City's official response was first.
Max Rushden 2:03
Just this, maintaining their innocence, said the club has diligently respected due process for eight years on the basis that the Premier League board and executive would behave as an independent, impartial, and fair minded regulator, free from partisan influence. On Saturday, their chairman Kaldoon Al Mubarak said Following Friday's media reporting, many of you will have spent your evening answering questions and responding to messages from friends, family, and colleagues, so have I. Here's what I said to my family. Premier League process still has a long way to run, and our confidence and intent in proving the club's innocent is just as strong as when this began. Kieran, can you As simply as possible, 'cause I'm pretty sure most people listening
Max Rushden 2:42
will know, just run through what they've been found guilty or what we know they've been found guilty
Kieran Maguire 2:46
of. Three things. First of all, disguising money from the owner and pretending that it's sponsorship money. So that's artificially inflating your revenue. Secondly, paying people off book, which suppresses your costs. Both of those go into your PSR calculations. And thirdly, not complying with the Premier League investigation into their finances. Right. And how much?
Max Rushden 3:11
money have they spent that they shouldn't have spent or made that they shouldn't have made or wouldn't have made. It's not easy to quantify that.
Kieran Maguire 3:18
Yeah, what I did is that if you compare Manchester City's performance pre big the takeover to Manchester City's performance post the takeover over the nine year period, They've gone from an average of fourteenth to second in in the table. And on that basis, they've probably generated somewhere in the region of 900 million to one billion pounds of additional revenue in prize money, in appearance money, in uh UEFA competitions, in sponsorship bonuses and so on.

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