In a shocking revelation, former financial advisor Stefan Borson has disclosed that Manchester City could face relegation from the Premier League if found guilty of the 115 financial charges leveled against them. The allegations pertain to the club’s financial activities spanning from 2009 to 2018, with claims of non-cooperation with the ensuing investigations.
City has vehemently denied these accusations, but Richard Masters, the Premier League’s chief executive, has confirmed that a hearing date has been established in response to the allegations.
Speaking on talkSPORT, Borson emphasized the magnitude of the charges, stating, “The scale is on a completely different level [to Everton and Forest]. There can be no question that this will end in at least relegation – that’s no question, if those charges are proven. There’s a suggestion of conspiracy over effectively a 10-year period. They [Premier League] are suggesting that City’s main sponsorship agreements are not for £50-60m but are actually for £8m and the whole thing was a sham.”
The severity of these accusations and the potential repercussions for Manchester City have sent shockwaves through the football world, sparking widespread speculation and scrutiny. With the specter of relegation looming over the club, the outcome of the impending hearing will undoubtedly have far-reaching implications for one of English football’s most prominent teams.
