LONDON (AFP) - The Premier League has launched an investigation into the reports surrounding Manchester City's alleged financial misconduct.
Uefa, European football's governing body, said on Thursday (March 7) it is looking into "several alleged violations" concerning Financial Fair Play (FFP) at City.
That probe came after German magazine Der Spiegel, using material purportedly obtained from the whistleblowing outlet Football Leaks, alleged in November that City had set up sponsorship deals to circumvent regulations limiting how much money owners can put into a club.
A ban from Uefa competitions, including the Champions League, is a potential punishment if City are found guilty of FFP breaches.
City claim the allegations are "entirely false", but the Premier League have decided to open their own investigation of the English champions' financial matters.
As well as the issues under the Uefa microscope, the Premier League will also focus on City's academy player recruitment and third-party ownership.
"The Premier League has previously contacted Manchester City to request information regarding recent allegations and is in ongoing dialogue with the club," a Premier League statement read.
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"The League has detailed financial regulations and strong rules in the areas of Academy player recruitment and third-party ownership.
"We are currently investigating these matters and will allow Manchester City every opportunity to explain the context and detail surrounding them." City were fined €60 million (S$90 million) and subjected to squad, wage and spending caps in a 2014 settlement agreed with Uefa following a previous breach of the rules.
City manager Pep Guardiola, whose side are currently top of the Premier League, insisted on Friday that the financial probes wouldn't tarnish his legacy.
Guardiola has won the Premier League and two League Cups with City and is chasing an unprecedented quadruple this season.
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Chelsea suffered a setback in their push for a Champions League spot when they were held to a 2-2 draw at home to Burnley in the Premier League on Monday and tempers flared at the end of the match when Chelsea coach Maurizio Sarri was sent to the stands.
Chelsea held 2-2 by Burnley, denting Champions League hopes
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Man City fans fear another nightmare after shock change for
The minnows of European football But it also means we have no dominant teams with players who can make the difference in the big European ties, like Ajax do nowadays. we don't want
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David de Gea is adamant Manchester United are not "satisfied" with their situation despite winning eight games in a row because the Premier League title is out of reach.
Man United not 'satisfied' despite winning run, says De Gea
Spain made it four wins out of four and took control of their Euro 2020 qualifying group by beating closest rivals Sweden 3-0 on Monday after overpowering the visitors in the second half with two penalties and a late strike from Mikel Oyarzabal.
Football: Spain in charge in Euro qualifying quest after
virginiabus.info/sports/football-spain-in-charge-in-euro-qualifying-quest-after-beating-sweden-3-0/
MADRID (REUTERS) - Spain made it four wins out of four and took full control of their Euro 2020 qualifying group by seeing off closest challengers Sweden 3-0 at home on Monday (June 10) after overpowering their opponents in the second half.
Spain in charge in qualifying quest after beating Sweden
Premier League round-up: Manchester United into top four with 3-0 win at Fulham Manchester United rolled confidently to their 10th win in 11 games under caretaker boss Ole Gunnar Solskjaer with a 3-0 win at Fulham on Saturday.
Match Preview - Fulham vs Man Utd | 09 Feb 2019
Define rub. rub synonyms, rub pronunciation, rub translation, English dictionary definition of rub. v. rubbed , rub·bing , rubs v. tr. 1. (of a bowl) to be
Football: Hougang find inspiration in skipper Zulfahmi Arifin to climb to second in the SPL. Hougang United skipper Zulfahmi Arifin (centre) blocks Geylang International's Amy Recha during their
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