All Premier League clubs are in agreement on what the punishment for Manchester City should be if they are found guilty of more than 100 breaches of financial rules.
On Monday, the Premier League put a statement where they said City had allegedly breached rules over nine seasons.
It’s one of the biggest stories in the history of the Premier League and could be about to rock English football to its core.
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An independent commission is to review the matter, with City welcoming the opportunity to clear their name and hiring top lawyer Lord Pannick KC of Blackstone Chambers, who defeated UEFA and got their European club ban lifted.
There were reports that the Premier League’s ‘Big Six’ wanted the most severe sanctions to be imposed on City but now The Sun are reporting that ALL of the club’s in the top flight want the harshest punishment.
Their wish, if City are found guilty, is for them to be kicked out of the Premier League through relegation. Possible expulsion from the Football League has also been advocated for by many.
Officials at clubs arrived in London for the first of two days of meetings, though there’s no word on whether City’s chief executive Ferran Soriano is attending today or tomorrow’s talks.
Some of the top brass at clubs have reportedly discussing potential loss of revenue compensation claims against City behind closed doors depending on how the verdict pans out.
Retrospective points deductions have been talked about but could prove difficult and it was reported by Sky Sports that most people expect City will likely be hit with a “small points deduction” if the Premier League are victorious.
However, the situation is not likely to be resolved anytime soon and Pep Guardiola’s contract with City will probably have finished up by the time it is.
£20m issue critical as Man City lawyer up – ‘I was shooed out of meetings,’ claims source
The only precedent available to forecast how the Premier League’s battle against Man City might unfold is the 2007 case between West Ham and Sheffield United, Football Insider has been told.
City potentially face being relegated, stripped of titles and handed an unlimited cash fine if they are found guilty of the 115 alleged financial breaches brought against them by the Premier League.
The reigning champions, who claim that there is “irrefutable evidence” in support of their position, have already enlisted Lord David Pannick KC to help build their defence, whose hourly rate has been reported as £5,000.
The last time the league took legal action against one of its own shareholders was when West Ham were fined for their violation of third-party player ownership rules in the 2006 acquisitions of Carlos Tevez and Javier Mascherano.
Sheffield United argued that Tevez’s goals in the 2006-07 campaign ensured the Hammers’ Premier League survival at their expense, and they ultimately reached a £20m out-of-court settlement with the East London club.
Alex Fynn, who has previously been characterised as the ‘spiritual godfather of the Premier League’ and helped craft the top-flight’s original business plan in 1992, worked on behalf of West Ham during the mid-2000s.
Fynn told Football Insider that he was “shooed out of meetings” so the West Ham hierarchy could discuss the potential acquisitions of Tevez and Mascherano.
The sports media consultant claims that the saga is the only case legally analogous to the City scandal, although he also believes that sanctions against City will be more severe if they are found guilty.
“The only precedent is what happened when Sheffield United were relegated and West Ham stayed up,” he told Football Insider.
“They signed Carlos Tevez and Javier Mascherano illegally and were subsequently fined an enormous amount.
“I think times have moved on. Now, if you break the rules you are looking at a points deduction, maybe a transfer ban. Anything that hits the playing side.
“I was actually working for the club when they had the idea of hiring the two Argentinian players. In fact, I was actually shooed out of a meeting so they could discuss that.”
City have been accused of overstating and failing to provide accurate details of sponsorship income, using shadow contracts to boost player and manager wages within the confines of financial fair play, and refusing to cooperate with the Premier League’s four-year investigation.
The top flight have a pre-planned quarterly shareholder meeting across two days on Thursday and Friday (9 and 10 February), where it is understood that the City controversy will dominate proceedings.
In other news, pundit backs Man City to sign Rodri replacement after source’s reveal.
Source: sportbible.com; footballinsider247.com
