Premier League confirms Man City violated financial rules amid protest

The Premier League has found Manchester City guilty of serious financial breaches, including concealing over $1 billion through 'sham' commercial agreements between 2009 and 2018. Following a comprehensive investigation, the independent commission concluded that the club systematically violated financial regulations under its ownership. City has denied the allegations and plans to appeal the decision, claiming it holds 'irrefutable' evidence supporting its defense. The club aims to initiate their appeal by October 2, contesting the panel's findings on legal and factual grounds.

• 5:19 PMYahoo Sports — 'Sham' contracts and a $1 billion lie: Premier League reveals Man City verdict as club protests innocence