Manchester City inflated revenue by more than $1 billion, panel finds

  • Manchester City artificially inflated revenue and circumvented financial fair-play rules, an independent panel found.
  • Manchester City’s reported revenue inflation exceeded $1 billion over nearly a decade.
  • The United Arab Emirates-backed club used the advantage to add some of soccer’s biggest stars.

Manchester City artificially inflated its revenue by more than $1 billion over nearly a decade, according to an independent panel’s report published Tuesday. The panel found that the club circumvented fair-play rules that constrained rival teams, helping it strengthen its roster with some of soccer’s biggest stars. The findings have been widely viewed as the biggest scandal in Premier League history.

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