Man City Wins Fourth Straight Premier League Title Despite Financial Scrutiny
With their 3-1 victory over West Ham on Sunday, Manchester City set a 136-year record in English top flight football and won the Premier League for the fourth time in a row.
In order to move up to second place behind Arsenal on the last day of the season, Man City needed to defeat Everton in order to secure the title. Arsenal would have won the trophy in the event of a defeat or tie. Rather City rejoiced at their sixth Premier League triumph in seven years.
This accomplishment comes after Man City’s treble from the previous season, in which they won the EPL Championship, the FA Cup, and the Champions League. No English team has ever won four straight league titles. Man City broke the Premier League record with $891 million in income for the year up 16% from the year before.
With 16 championships, Sheikh Mansour bin Zayed Al Nahyan’s team has become a football powerhouse under the direction of famed Catalan coach Pep Guardiola. City is now a major power in world football thanks to Sheikh Mansour’s financial resources, his status as a member of the royal family of Abu Dhabi, and the club’s willingness to invest in elite players.
The team recognized for its sky-blue uniforms is confronted with impending difficulties. Man City was charged by the English Premier League (EPL) in February 2023 with breaking the league’s Profit and Sustainability Rules (PSR) and Financial Fair Play (FFP) with some of the accusations going back to before 2009. Man City has been adamantly disputing any wrongdoing as the matter has developed in confidence. Penalties may consist of fines suspensions or even demotion.
After being found guilty of violating UEFA’s FFP regulations in 2018, City was given a two-year ban from the Champions League. The Club prevailed in its appeal of this ruling to the Court of Arbitration for Sport (CAS).
Two teams this season Everton and Nottingham Forest were hit with point deductions as a consequence of breaking Premier League financial criteria despite this both teams were able to avoid relegation.
Sportico currently rates Manchester City at $4.75 billion, making it the sixth most valuable club among the world’s top 50 football teams. Sheikh Mansour bought the team for $388.5 million in 2008.
