Pep Guardiola Denies Manchester City's January Spending Linked to Potential Transfer Ban
The Manchester City manager expects a verdict next month on 115 financial regulation charges, with possible sanctions including fines, points deductions, or demotion.
- Manchester City spent over $224 million in the January transfer window, acquiring Omar Marmoush, Nico Gonzalez, Abdukodir Khusanov, Vitor Reis, and Juma Bah.
- Pep Guardiola dismissed speculation that the spending spree was a precaution against a potential transfer ban due to alleged financial rule breaches.
- City faces 115 charges of violating Premier League financial regulations from 2009 to the 2022-23 season, with an independent commission's verdict expected in March.
- Possible penalties for the charges include fines, points deductions, transfer bans, title stripping, or demotion from the Premier League; the club denies any wrongdoing.
- Guardiola highlighted that City’s net spending over the past five years is lower than other top-six Premier League clubs, emphasizing the club's player sales to fund recent acquisitions.