Man City guilty of 'sham payments' & inflating revenues by ₹11,000 crore: Premier League

Manchester City have been found guilty of serious financial breaches spanning nine seasons, the Premier League confirmed. An independent Commission found the club used "sham" commercial arrangements to inflate revenues and reduce costs by more than £900 million (₹11,000 crore). It also found City misstated accounts, breached spending limits and failed to cooperate with investigators.