A former financial advisor of Manchester City, Stefan Borson, has added more gravity to the club’s predicament by stating that relegation from the Premier League is inevitable if the 115 charges against them are proven true.
Speaking on talkSPORT, Borson emphasized the unprecedented scale of the accusations and their potential consequences for the reigning champions.
“The scale is on a completely different level [to Everton and Forest]. There can be no question that this will end in at least relegation – that’s no question, if those charges are proven,” said Borson.
The charges against Manchester City revolve around alleged financial irregularities spanning from 2009 to 2018.
It includes accusations of City’s failure to cooperate with investigations. Despite the club vehemently denying the charges, the Premier League’s chief executive, Richard Masters, confirmed the scheduling of a hearing to address the accusations.
Borson shed light on the severity of the situation, suggesting a decade-long conspiracy: “There’s a suggestion of conspiracy over effectively a 10-year period. They [Premier League] are suggesting that City’s main sponsorship agreements are not for £50-60m but are actually for £8m and the whole thing was a sham.”
The outcome of this investigation could have far-reaching implications for Manchester City, potentially altering their status in the Premier League if the charges are substantiated.
The club’s legal and financial teams are gearing up for a significant battle to contest the allegations and defend their standing in English football.
