Manchester City CEO Soriano says guilty verdicts are ‘a Premier League conspiracy theory’
Soriano: the case is based on ‘a single false accusation’Club to appeal after verdict on more than 100 chargesManchester City’s chief executive, Ferran Soriano, has said the guilty verdicts against the club for breaches of financial rules are based on “a single false accusation” and a “Premier League conspiracy theory”, as he maintained City’s innocence.It was confirmed on Tuesday that City, according to an independent panel, had artificially inflated revenue and reduced costs by more than £900m over a nine-year period through “sham” sponsorship deals, which were mainly funded by…
Shifts the commercial or regulatory landscape in Premier League — financial and ownership consequences to watch.
The current record points to one primary consequence lane: economic.
Financial or commercial consequence identified.
- •The current story state is marked high confidence rather than speculative rumor.
- •At least one named source is attached to this story.
- •Direct official confirmation is still outstanding.
- •Independent corroboration is still thin or absent.