-
Readers debate YES Bank bonds, climate commitments and candidate disclosure
-
Lula, Bolsonaro in virtual tie halfway through Brazil vote count
-
Australian politicians pay tribute to wounded lawmaker
-
Antonelli looks to seal title 'in style' after US Grand Prix win
-
Modi opens RBI data centre and cybersecurity training institute
-
Real Madrid century 'just a detail' for Mbappe after Clasico win
-
Nifty heads toward weakest Samvat of Modi era after 13% fall
-
Mbappe double helps Real Madrid stun Barca in La Liga Clasico
-
Disappointed Verstappen admits to wrong tyre strategy at US Grand Prix
-
Antonelli wins US Grand but title triumph has to wait another week
-
India trims weekly wheat auction volume despite strong miller demand
-
Manchester United slump deepens as Liverpool climb with Brighton win
-
Brazil braces for result of knife-edge election after voting chaos
-
Reus sends Bordeaux second in Top 14 with victory at La Rochelle
-
Bleems adds UFFF toys and collectibles through Kuwait partnership
-
Serbia's student movement ousts longtime leader in parliament poll
-
Real Madrid beat Barcelona in La Liga Clasico
-
Kuwait minister urges focus on investment quality and development impact
-
Antonelli wins US Grand Prix to close on world title
-
Descendants of British slave-owning families support reparations campaign
-
Israel plans West Bank crossing shutdown for election day
-
Aleksandar Vucic: Serbia's veteran ruler felled by student-led movement
-
Falcons hand 49ers first defeat of NFL season
-
Obama attacks Trump record while campaigning in Ohio and Michigan
-
Kuwait regulators broaden beneficial-owner data cooperation
-
Brazil voting extended in tight race between Lula, Bolsonaro
-
Succession pressures put Gulf family companies at a crossroads
-
'Marine has to win': Le Pen supporters fear for France's future
-
IMF sees regional economy shrinking 1.3% in 2026 amid Iran war
-
QNB expands cross-border funding for AI and digital infrastructure
-
Brazil votes in tight election as Lula slams polling obstacles
-
France's Le Pen launches presidential bid vowing to restore 'rule of law'
-
'I am here': Opposition leader Machado returns to Venezuela
-
Qatar Charity delivers Braille Qurans to blind readers in Kosovo and Albania
-
Villain intrigue: 'Clayface', Holmes doc lead N. America box office
-
Houthis say attacked Riyadh airport hours after flights resume
-
Bayern beat Freiburg to reclaim top spot after Kompany illness
-
Monaco hold Lille as Rennes go top of Ligue 1
-
Nigeria widens hunt for possible Ebola cases
-
Thousands gather in Prague to protest licence fee plans
-
Liverpool star Isak back to his best says Iraola
-
Pease spins to floor gold as US tops gymnastics medal table
-
Lula supporters cross fingers in Rio, a Bolsonaro bastion
-
Marchant back in England training squad ahead of Nations Championship fixtures
-
Flights resume at Riyadh airport as Houthis attack Saudi Arabia
-
French skater Siao Him Fa soars to victory in season-opener at home
-
High-flying Betis held at Celta Vigo
-
Embattled Albanian PM vows fines for violent protesters
-
Shadab ton stuns England as Pakistan reach tri-series final
-
Steelers top Saints in NFL's first regular-season game in Paris
Man City face uncertain future after Premier League charges
Manchester City were the ultra-rich "noisy neighbours" who became the Premier League's dominant force. But they now face an uncertain future that includes the ultimate threat of relegation.
Abu Dhabi-backed City were charged by the English top flight on Monday with more than 100 alleged breaches of financial rules between 2009/10 and 2017/18, and referred to an independent commission.
The reigning champions have also been accused of failing to cooperate with investigations by the Premier League.
The club faces a range of possible punishments, including a reprimand, points deduction or even expulsion from the Premier League.
City, who last month topped the Deloitte money league of the world's richest clubs, appear to be confident they can ride out the storm, insisting there is "irrefutable" evidence that supports their case.
It is not the first time the club, transformed on and off the pitch after their takeover by the Abu Dhabi United Group in 2008, have been in the spotlight over issues of finance.
City were fined 60 million euros ($64 million) in 2014 for breaching UEFA's Financial Fair Play regulations.
The club were banned for two years from UEFA competitions in February 2020 by European football's governing body for "serious financial fair play breaches", but the sanction was overturned by the Court of Arbitration for Sport later that year.
Last year City manager Pep Guardiola made it clear that he would walk away from the club if he discovered he had been lied to by the club's owners -- a worst-case scenario for City, who have won four of the past five Premier League titles under his leadership.
- 'Industrial scale' -
The Times' chief football writer Henry Winter said City faced "allegations of wrongdoing on an industrial scale...If proved, the ensuing punishment should be designed to deter others who believe they can copy the City playbook."
But Simon Chadwick, professor of sport and geopolitical economy at the SKEMA Business school in Paris, said wider issues were at play.
He pointed out that the British government will shortly publish a white paper -- a consultation document, which could form the basis of legislation -- which is expected to support the creation of an independent regulator for football.
"The Premier League is stuck between a rock and a hard place because it feels pressed by the government to take a more robust approach to finance and governance but it will also be acutely aware that the government is essentially getting it to do its dirty work for it," said Chadwick.
Football finance expert Kieran Maguire also highlighted the political context of the government's drive to shake up football administration.
"The Premier League is opposed to an independent regulator in football and I don't want to go down a huge conspiracy route, but the Premier League wants to prove to all interested parties that it's capable of keeping its house in order," he told the BBC.
Neither Maguire nor Chadwick believe City face a realistic prospect of relegation, with Chadwick saying a compromise was the most likely outcome of what could be a lengthy process.
"If British competitive advantage in football is not to be undermined, you can't have a signal being sent to Abu Dhabi, to the United States, to Saudi Arabia, to others that Britain is going to enforce draconian rules on overseas investors," he said.
So are there broader implications for clubs that are effectively backed by states such as City and Paris Saint-Germain, who are Qatari-owned?
"This is a battle of our era, which is a domestic governing body trying to enforce rules on transnational organisations that operate across international boundaries, often with the support or help of state governments," said Chadwick, who emphasised the importance of foreign cash in the English game.
"The British government and the Premier League cannot afford to disaffect, antagonise, push away potential foreign investment especially post-Brexit, during this very difficult economic period."
He believes the eventual outcome to the Manchester City case will be one that "shows capitulation on the part of the Premier League and the British government".
"But the way in which it is eventually spun will be that the government and the Premier League have protected their asset and upheld certain principles of good governance," Chadwick added.
H.Seidel--BTB