The latest “very positive” news shows the city’s “confidence” in the verdict of the case

Pep Guardiola renewing his Man City contract for a further two years shows “a level of confidence” in the outcome of their Financial Fair Play case.

An independent commission hearing to examine 115 allegations made by the Premier League against Man City began in September.

The Premier League has opened an investigation Man City in 2018 and after a series of legal delays, charges were finally laid in February 2023 and the club was referred to an independent commission.

The allegations against the Citizens relate to the requirement to accurately report financial information, including the value of sponsorship deals, the submission of details of manager and player pay information and a club’s responsibility as a Premier League member to comply with regulations UEFA’s financial rules and the league’s own Profitability and Sustainability (PSR) rules.

They are also accused of failing to cooperate with the league’s investigation. In total, there are charges relating to each season between 2009-10 and 2022-23.

Man City issued a statement strongly denying the allegations on the day the allegations were made, saying they welcomed the opportunity for an independent panel to “impartially consider the comprehensive body of irrefutable evidence that exists in support of our position “.

The club added: “As such, we look forward to this matter being put to rest once and for all.”

MORE MAN CITY CRISIS COVERAGE ON F365…
Man City are ‘f***ed’ in 90s tribute act as they become the real 115 Club
Five reasons why Man City are absolutely rotten this season (and it’s not just Rodri)
Pep Guardiola reveals the reason for the ‘cut’; claims Man City’s struggling star was ‘the best player’ against Feyenoord

Man City, who have lost their last three Premier League games and are winless in six games in all competitionsconfirmed last week that Guardiola had signed a new contract until 2027.

And former Man City financial adviser Stefan Borson believes Guardiola’s renewal is “very positive” news for the Citizens as it shows their “level of confidence” in the outcome of the hearing into their allegations.

Borson said Football Insider: “I think it’s very positive for City. You have to say it shows a level of confidence in the case of the 115 charges.

“It has to be a sign of trust. I don’t think you can read anything else into her other than confidence, which is obviously a positive for City.

“But we will see in time. Two years may give Pep the opportunity to operate in a lower division if these charges are proven. But it looks like it’s there for now.”

Former Everton CEO Keith Wyness has claimed the appeal process after the verdict in Man City’s case could take until 2026.

Wyness said Football Insider: “Once the deliberations have been made public, and I imagine there will be a three or four hundred page document, there will probably be an appeal.

“It could also be an agreement, everything depends on the verdict reached. And I hope that common sense can prevail and that agreement can be reached to end this.

“But if there is an appeal, it will go on for so long. We could be talking about late 2025 or even 2026. Let’s wait and see how we go with the initial verdict and see if cool heads can prevail.”