Former financial advisor of Manchester City, Stefan Borson, has acknowledged that the club could face relegation from the Premier League if found guilty of the 115 charges against them.
The accusations pertain to the club’s financial dealings between 2009 and 2018, with additional claims that Manchester City did not cooperate with the ensuing investigations.
City has vehemently denied these allegations, and a hearing date has been set, as confirmed by the Premier League’s chief executive, Richard Masters.
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Speaking on talkSPORT, Borson emphasized the gravity of the situation, stating:
“The scale is on a completely different level [to Everton and Forest]. There can be no question that this will end in at least relegation – that’s no question, if those charges are proven.
There’s a suggestion of conspiracy over effectively a 10-year period. They [Premier League] are suggesting that City’s main sponsorship agreements are not for £50-60m but are actually for £8m, and the whole thing was a sham.”