La Liga Accuses City of Financial Misconduct in EU Complaint
The European Commission is investigating claims that Manchester City used external companies to hide losses, a charge the club strongly denies.
- La Liga President Javier Tebas has accused Manchester City of employing Enron-style financial tactics to distort the European football market, filing a complaint with the European Commission in 2023.
- The allegations claim that Manchester City used related companies outside their official City Football Group structure to offload expenses and obscure financial losses.
- The European Commission is assessing the complaint under its Foreign Subsidies Regulations, introduced in 2023, which allow investigations into market distortions caused by foreign state-backed entities.
- Manchester City, while declining to comment directly on the claims, has strongly denied any wrongdoing and pointed to their publicly available financial records as evidence of compliance.
- This investigation runs parallel to the Premier League’s ongoing independent commission into 115 alleged financial breaches by Manchester City, with a verdict expected in the coming months.