Former chairman Bernstein criticizes Manchester City over record transfer spending

Yahoo Sports1 min read • Latest: Sep 7, 2026, 4:48 PM

Last updated Sep 7, 2026

Former chairman Bernstein criticizes Manchester City over record transfer spending
Summary

Former Manchester City chairman David Bernstein criticized the club's recent transfer spending, describing a £440 million summer outlay as a mockery of existing financial regulations. His comments follow 115 charges brought against the club by the Premier League in February 2023 for alleged financial rule breaches. An independent commission held a 12-week hearing regarding these charges that concluded in December 2024, yet a final verdict remains pending. The club denies all allegations while Premier League chief executive Richard Masters acknowledged the proceedings have taken longer than initially expected. Bernstein argued that the league should have simplified the legal process by focusing on fewer, specific test cases rather than pursuing all 115 charges simultaneously. The independent panel continues to review the case with no firm timeline announced for a decision.

Source Links
By the Numbers
  • Manchester City spent $594.7 million on player acquisitions this summer.
  • The club currently faces 115 charges of breaching Premier League financial regulations.
  • A 12-week hearing regarding the charges concluded in December 2024.
  • Premier League CEO Richard Masters stated the process must reach its natural conclusion.
Latest Updates
  • 4:48 PMYahoo SportsManchester City's $595M spending spree 'makes a mockery' of 115 Premier League charges, says ex-boss
What they're saying
"

After Manchester City spent $594.7 million in this summer's transfer market, ex-chairman David Bernstein has questioned the Premier League's handling of the club's 115 alleged breaches of financial rules

Related Teams & Leagues

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days