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Rediff.com harishk@rediff.co.in (Harish Kotian) •

Manchester City guilty of using 'sham' deals to distort finances

Manchester City guilty of using 'sham' deals to distort finances

An independent commission has found Manchester City guilty of serious financial rule breaches over nine seasons, involving "sham" commercial contracts to inflate revenue and understate costs by over £900 million. The club denies wrongdoing and plans to appeal…

An independent commission has found Manchester City guilty of serious financial rule breaches over nearly a decade, involving "sham" commercial contracts to inflate revenue and understate costs, lead… [+6631 chars]
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