An independent commission found Manchester City guilty of inflating sponsorship income through a disguised funding scheme that hid more than £830m, with owners Abu Dhabi United Group topping up deals above fair market value. The club was also found guilty of all but one charge of failing to co-operate. The ruling, published Tuesday, exposes how the club misled regulators and auditors about its commercial revenues.
Man City found guilty of disguising over £830m in sponsorship funding
Source: BBC