Manchester City, who are charged with 115 alleged breaches of financial fair play (FFP) rules in the Premier League, will “end in at least relegation” if they are found guilty as per their former financial adviser Stefan Borson. But then, he also clarified that it seems “highly likely” to him because of the individuals and companies involved in the club.
Richard Masters, the CEO of the Premier League, recently spoke about the alleged FFP breaches from Manchester City in front of the MPs in the Culture, Media and Sport (CMS) Committee of the UK Parliament. He also detailed them about the hearing date for the case, and said, “There is a date set for that proceeding. Unfortunately, I can’t tell you when that is but it is progressing.”
It led to the reporter Jack Gaughan remarking that the “general mood around City is quite calm now.” But, in an exclusive interview with talkSPORT, Stefan Borson, the former Manchester City financial adviser, shared the latest around the charges for the club, which won’t please their fans one bit.
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He was quoted as saying, “The scale is on a completely different level (to Everton and Nottingham Forest). There can be no question that, if these charges are proven, this will end in at least relegation. There is the suggestion of conspiracy over, effectively, a ten-year period. If proven, this is super serious. Nobody would argue with that. City will say, I promise you, that this is an allegation of the most serious nature.”
Stefan Borson went on to state that the parties involved in the case make it seem “highly unlikely” to him that alleged conduct took place. He said, “It seems to me to be highly unlikely that the conduct is alleged has taken place over a ten-year period with the sorts of individuals that are involved in the club and in the companies that are involved.”
“It will be a very big call for any court or tribunal to suggest that this number of people have been dishonest, and perjured themselves. That would be a massive call for, effectively, some KCs and maybe a former finance director of a football club, to make against not just Manchester City, but against numerous executives, against third-party individuals, and against, of course, potentially senior members of foreign states,” the former Manchester City financial adviser added.