BBC News·4 min read·medium

£1.2bn on transfers with £830m inflated in accounts - Man City's 'asterisk era'

D
Daniel Austin
£1.2bn on transfers with £830m inflated in accounts - Man City's 'asterisk era'
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Manchester City has been found guilty of breaching financial regulations between 2009 and 2018, leading to questions about the legitimacy of their trophy-winning era. The club is accused of using a 'disguised funding scheme' to inflate income, which allowed for massive spending on player transfers.

Why it matters

The potential retroactive stripping of titles and legal fallout could fundamentally alter the history of the English Premier League and set a precedent for financial fair play enforcement.

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Figure caption, Man City guilty of 'sham' contracts & misleading accounts

Outside Manchester City 's Etihad Stadium is a lustrous silver statue of Sergio Aguero - mouth agape in ecstasy, kit swirling over his head - depicting his goal celebration after securing the club's first Premier League title.

It is the immortilisation of the most famous goal in English league football history, when City snatched the trophy away from Manchester United in the dying seconds of the 2011-12 season.

But what if the goal never happened? What if Aguero had never played for the club? What if City had opted to abide by football's financial rules instead of purposefully breaking them through a "disguised funding scheme"?

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