Ruud van Nistelrooy Nears Role as Leicester Manager
Ruud van Nistelrooy is close to becoming the new manager of Leicester, with documents in the signing phase.
The investigation into "Manchester City's" alleged breaches of profit and sustainability rules has been paused, posing a major issue for the Premier League until the end of the season.
The hearing concerning 115 alleged breaches by "Manchester City" related to profit and sustainability rules has been halted, potentially causing a significant problem for the Premier League. The independent commission's hearing to examine the charges, began in September.
The Premier League initiated an investigation into "City" back in 2018, and following several legal delays, charges were filed in February 2023, and the club was referred to an independent commission. The charges are tied to the obligation to accurately report financial data, including sponsorship deal values, details of managerial and player pay, and compliance with financial fair play rules as a League member.
Though the hearing nears conclusion, The Times claims the case will not conclude before the season ends, potentially creating significant challenges for the Premier League if sanctions affecting other clubs are imposed.
"Manchester City" and the Premier League are finalizing their closing arguments, which are expected in a few weeks, followed by a likely months-long wait for a judgment and additional months for potential appeals from either side.
The Lawyer reports that the hearing at the International Dispute Resolution Centre in London has been paused while both parties prepare their closing arguments, scheduled to begin in early to mid-December, potentially taking three months or more before the three-member commission issues a ruling.
If "Manchester City" or the Premier League were to appeal the judgment, the process could extend several more months. A complex financial case in the High Court last year, lasting 13 weeks like "City's", has yet to receive a judgment after a year, while simpler cases may resolve sooner, but experts indicate it's unpredictable how long "City's" will take.
Former "Everton" CEO Keith Wyness suggested the appeal process post-verdict could prolong until 2026. Wyness told Football Insider: "Once the deliberations are public, likely comprising a 300- or 400-page document, an appeal is expected. A settlement might also occur, depending on the verdict reached. I hope common sense prevails and a settlement ends this. If an appeal happens, it will stretch even longer, possibly until the end of 2025 or even 2026. Let's await the initial verdict to see if cool heads prevail."
Ruud van Nistelrooy is close to becoming the new manager of Leicester, with documents in the signing phase.
The investigation into "Manchester City's" alleged breaches of profit and sustainability rules has been paused, posing a major issue for the Premier League until the end of the season.
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