The Premier League has confirmed the date of Manchester City’s hearing on their alleged violations of the Profit and Sustainability Regulations (PSRs).
Before Everton was found guilty of a PSR breach and given a 10-point punishment, City was accused with the offence last year. On Monday, Everton and Nottingham Forest were charged a second time, with the possibility of point reductions as a penalty.
Due to possible violations that could have occurred over a nearly ten-year period, this has called into question City’s case. Inflating commercial agreements to get around PSR regulations is a common theme across the 115 accusations, which City vehemently disputes.
While they wait for a decision, Premier League teams like Aston Villa and Wolverhampton Wanderers will undoubtedly be closely monitoring the situation. At a meeting of a Parliamentary committee on Tuesday, Premier League boss Richard Masters said that a date for City’s hearing had been set.
Masters stated: “I understand the frustration of the fans, but the charges are very different for Everton than they are for Manchester City.” Any team, including the reigning champions, would find themselves in a similar situation to Nottingham Forest and Everton should they find themselves in violation for 2022–2023.
The nature and extent of the allegations made against Manchester City—which I am not allowed to discuss—are being considered in a totally different setting. That proceeding is scheduled for a date that I am unable to provide you, but it is moving forward. There is a specific date.”
Speaking last year, Khaldoon Al-Mubarak, the chairman of City, addressed the claimed violations. In a season-ending speech, he stated, “We’re going through the legal process.”
“These are legal actions that will take as much time as necessary, and afterward, we will speak. I swear to you that I will offer you my most honest opinion. Although I have strong opinions on the matter, I must regrettably exercise extreme restraint now.”
According to Chris Heck, president of corporate operations at Villa, Premier League teams that violate PSR regulations ought to face “aggressive” sanctions.