Decision on Manchester City’s 115 Financial Charges to be made by next year: Reports
Everton recently got a 10 points deduction for breaching FFP rules recently
It has been told to Manchester City that if they lose, “all hell will break loose” and they might be facing their D-day over financial fair play as soon as the following year, reports suggest.
Additionally, Chelsea have been informed that their troubles are “inevitable” following their admission of breaking rules under Roman Abramovich’s leadership.
Football is still in shock over Everton’s punishment for violating FFP regulations.
Additionally, Stefan Borson, an expert in football finance, stated: “If City is found to be in violation, too many things may happen.” It’s going to be bad; chaos is going to ensue.
Attorney Borson, a former Etihad advisor, maintained that demotion would be inevitable in the event that Chelsea and City were found guilty.
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He continued, saying: “It will turn into an enormous story — not just in respect of football but much wider than that. So many parties will be implicated. It will be an incredibly explosive situation.”
There were rumours that the investigation’s findings might not be disclosed for up to four years after City was accused of 115 FFP rule violations in February.
Borson adds, “The hearing is likely to be in 2024 at some point,” but it might be sooner.
“From a football perspective, it’s impossible to think City would not be relegated if all of these things were found against them.”
“The Premier League are bound to be concerned about what they would do if City are found guilty. The fact the League charged City with such serious matters shows you this is a very bold move.”
Chelsea hopes that the fact that a new system is in place to protect them will offset their admission that they broke the rules during the Abramovich era.
That is not plausible at all, says Borson, who also thinks they run the risk of violating sustainability and profit regulations given the £1 billion transfer spree that new US owner Todd Boehly has made since taking control.