Manchester City charges explained - What this might mean for Newcastle United nufc
, this one concerning Manchester City and the charges that the Premier League brought against them last week.
Naturally, Manchester City have been full on in their response, going as far as saying they ‘welcome’ the review.This is arguably the most serious charge. The Premier League argue that City have not provided a ‘true and fair’ representation of their financial position, inflating their revenue by disguising money put in by their owners.
Whilst CFG did charge the football club for services provided and Mancini’s consultancy payment was relatively small in the scheme of things, City do have a lower wage bill than Man Utd and Liverpool in England, whilst on the continent, PSG, Real Madrid and Barcelona all have higher wage bills. In addition, because of City’s huge commercial income, their wages to turnover ratio is now one of the lowest of leading European clubs and at 58% is well below UEFA’s recommended upper limit of 70% .
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