Reigning English football champion Manchester City has reportedly launched a legal challenge to the way the Premier League polices overspending. The challenge comes as the club prepares to answer the league’s more than 100 charges of breaking financial rules.
The Premier League has charged that Manchester City provided false financial information and received inflated sponsorship revenue from companies linked to its wealthy owner. That allegedly breached a requirement for how clubs must value so-called associated party transactions. This requirement is intended to avoid letting clubs artificially boost revenue so they can spend more on players than their competitors.
A successful ...
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