Pep Guardiola backs Man City after guilty verdict on financial charges
Former Manchester City manager Pep Guardiola has publicly expressed his support for the club following a guilty verdict on serious breaches of financial rules. The Premier League charges, which cover the period from 2009-18, allege that City inflated revenue and understated costs by over £900 million through "sham" commercial contracts, concealing their true financial state and avoiding spending limit breaches.

Briefing Summary
AI-generatedFormer Manchester City manager Pep Guardiola has publicly expressed his support for the club following a guilty verdict on serious breaches of financial rules. The Premier League charges, which cover the period from 2009-18, allege that City inflated revenue and understated costs by over £900 million through "sham" commercial contracts, concealing their true financial state and avoiding spending limit breaches. An independent commission found the club guilty of all charges related to these financial rule breaches and most charges concerning a failure to cooperate with the investigation. Guardiola, who managed City for a decade winning 20 trophies including six Premier League titles, stated he remains behind the club, its owner, chairman, players, staff, and supporters. City's Chief Executive Ferran Soriano has rejected the commission's findings.
Article analysis
Model · rule-basedKey claims
5 extractedThe club has also been found guilty of most charges related to a failure to cooperate with a Premier League investigation.
Manchester City's Chief Executive Ferran Soriano rejected the independent commission's findings.
The Premier League charges relate to "sham" commercial contracts used to inflate revenue and understate costs by over £900 million ($1.2bn) between 2009-18.
Pep Guardiola expressed his unwavering support for Manchester City, its owner, chairman, players, staff, and supporters.
Manchester City has been found guilty of serious breaches of financial rules by an independent commission.