XM does not provide services to residents of the United States of America.

Soccer-Time for Man City's case to resolve itself, says Premier League chief Masters



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Soccer-Time for Man City's case to resolve itself, says Premier League chief Masters</title></head><body>

Aug 13 (Reuters) -Manchester City face 115 charges brought by the Premier League for alleged breaches of financial regulations, and the English top flight's CEO Richard Masters said it's now time for the case to be heard and answered.

City were charged in February last year, with more than 100 alleged breaches of finance rules since their acquisition by the Abu Dhabi-City Football Group, and were referred to an independent commission for a hearing.

If found guilty, City, in the worst-case scenario, could face a points deduction or even be relegated. City deny any wrongdoing and are contesting those charges. No verdict has been reached in the case.

"It is time now for the case to resolve itself," Masters told BBC in an interview published on Tuesday.

"It's been going on for a number of years and I think it's self-evident that the case needs to be heard and answered."

On Monday, The Times reported that the hearing against City on the alleged breaches is set to start in September, with the outcome known early next year.

"When the case has been heard there will be a decision published and all the questions you would like me to answer will be answered as part of that process," Masters said.

Despite the cloud hanging over the club, City followed up their 2022-23 treble with an unprecedented fourth straight Premier League title last season.

City kick start their Premier League campaign away at Chelsea on Aug. 18.



Reporting by Pearl Josephine Nazare in Bengaluru;
Editing by Christian Radnedge

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.