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Premier League confirms Man City guilty of serious financial breaches

Today 09:00Key points summarised by AI

Manchester City was found guilty by an independent commission of over 100 serious financial breaches, spanning a nine-season period from 2009 to 2018.
The club orchestrated "sham" contracts to artificially inflate revenues by over £900 million and understate costs, effectively circumventing Premier League and UEFA financial sustainability rules.
City also failed to cooperate with the Premier League's four-year investigation, with the commission finding that evidence provided by several club witnesses was "false" and "dishonest.
The ruling carries significant implications, potentially leading to severe sanctions such as points deductions, substantial fines, or even expulsion from the Premier League, with titles won during the period now at risk.
Manchester City maintains its innocence, expressing "surprise" at the decision and vowing to appeal, citing "material errors, of law, principle and fact" in the commission's opinion.

Today 08:24Key points summarised by AI

Kunlavut Vitidsarn achieved a landmark victory, securing Thailand's first-ever Asian Games men's singles badminton gold medal.
Thailand's men's regu sepak takraw team successfully defended its Asian Games title, earning the country's second gold.
The nation clinched a third gold medal in esports, dominating the PUBG Mobile competition.