Man City FFP: Premier League launch investigation following Uefa and Fifa probes

Premier League follow Uefa and Fifa probes into Man City over FFP
REUTERS/Jon Super

The Premier League have confirmed they are investigating Man City as the club also face probes by Uefa and Fifa.

City have been the subject of allegations regarding breaches of rules regarding Financial Fair Play, third party ownership and the transfer of underage players.

On Friday Pep Guardiola urged UEFA to quickly conclude their investigation as the club faces the threat of a potential Champions League ban.

Allegations made against City revolve around leaked emails and documents published by German outlet Der Spiegel.

In one of its latest articles, it is claimed City paid the agent of Jadon Sancho £200,000 when the then 14-year-old signed from Watford.

Players cannot be represented by agents until the year they turn 16.

In a statement the Premier League said: "The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club.

"The league has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership.

"We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them."

Guardiola came out defence of City’s hierarchy earlier on Friday when responding to Uefa’s investigation into claims FFP violations.

The Catalan insists he is confident City have acted above board, saying: “The club are open. Hopefully it can finish as soon as possible.

“I trust a lot what the cub has done, because I know them and hopefully they can solve it as soon as possible.”

Uefa have acted after series of allegations made by German publication Der Spiegel, claiming City artificially inflated sponsorship deals to circumvent FFP.

In a statement on Thursday, Uefa said: “The investigation will focus on several alleged violations of FFP that were recently made public in various media outlets.

“Uefa will make no further comments on the matter while the investigation is ongoing.”

City responded: “Manchester City welcomes the opening of a formal Uefa investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails.

“The accusation of financial irregularities are entirely false. The Club’s published accounts are full and complete and a matter of legal and regulatory record.”

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