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Home›US Markets›Equities›Manchester City fans face charges amid fears of relega…

Manchester City fans face charges amid fears of relegation

Reported · Written up by our desk · Equities

The Guardian Business discusses Manchester City supporters’ fears about relegation and the prospect of losing trophies amid ongoing charges related to the club’s finances.

The piece says fans have been singing about “a billion in the bank” since 2008, when the ownership by former Thailand prime minister Thaksin Shinawatra ended and more than £1bn of his assets were frozen.

It also notes that a financial fair play investigation was launched in 2018 and that, in 2023, it learned there were more than 100 charges.

The article argues the chanting intensified after those developments, and it concludes by expecting fans to react loudly as the situation continues.

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Sources

Guardian BusinessWe Manchester City fans fear relegation and losing trophies … but club are bang to rights

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