Manchester City manager Pep Guardiola to ‘quit’ club over financial rule-breaking
Pep Guardiola will resign as manager of Manchester City if his employers have lied to him about financial rule violations.
An independent commission is investigating City for alleged violations of Premier League financial regulations.
Between the 2009/10 and 2017/18 seasons, the club is alleged to have violated the competition’s rules requiring provision of “accurate financial information that gives a true and fair view of the club’s financial position.”
UEFA ruled in 2020 that City committed “serious breaches” of Financial Fair Play (FFP) regulations between 2012 and 2016, resulting in a two-year ban from European club competitions, which was later rescinded.
Since the current investigation began in December 2018, City have been accused of not cooperating.
Manager Guardiola has stated in the past that he is willing to walk away from this issue, putting the Eastlands club in jeopardy if City are found guilty.
The Premier League has never before sanctioned a club for alleged violations of more than 100 financial regulations.
What Pep Guardiola has stated in the past, regarding his Manchester City future amid alleged financial rule-breaking
“When they are accused of something I ask them: ‘Tell me about that’,” Guardiola said in May of last year.
“They explain and I believe them. I said to them: ‘If you lie to me, the day after I am not here’. I will be out and I will not be your friend anymore.
“I put my faith in you because I believe you 100% from day one and I defend the club because of that. When you put something here [sponsor] it’s overpaid, but other [clubs] the money comes from the USA but the money is correct, even if it’s higher.
“We have to deal with that, we have to fight with that. As always, I am a big fan to support this organisation, no doubt.
“It’s a situation in 2012 or 2013, I was still in Barcelona, most of the people running that are not here now, but of course I would not like it. What I like is to represent a club who do things properly [and] well. It’s not about winning the Champions League and the Premier League, we want to do well for our people and our fans.”
Manchester City manager Pep Guardiola to ‘quit’ club over financial rule-breaking
