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Manchester City Faces £200 Million Cost Rise
Manchester City, the English football club, faces the risk of potential compensation exceeding 200 million pounds sterling as a result of claims from other clubs affected by its financial misconduct. According to investigations, the club was found to have violated Premier League rules in 114 out of 115 charges. The claims concern direct and indirect financial losses, including the loss of income related to European competitions, reductions in standings and rankings, and prize money, as well as potential sanctions for evading profitability and sustainability regulations outlined in periodic reports. So far, no final judgment or official sanctions have been issued. The club aims to appeal the investigation’s results, while other clubs are keen to preserve their rights to seek compensation once the legal procedures are concluded, with a legal precedent existing that has awarded compensation of up to 35.1 million pounds sterling.
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