Regulator Has "Absolute Power" Over Man City

The Independent Football Regulator (IFR) has the ultimate authority to force Manchester City's owners to sell the club if they are found to have mismanaged its operations. IFR chair David Kogan stated that the organization holds 'absolute power' to require an owner's divestment if it is deemed appropriate and that owners cannot refuse such an order.

This regulatory power comes into focus as Manchester City appeals a recent verdict from an independent commission. The commission found the club guilty of circumventing Premier League rules by inflating revenues through sham commercial arrangements, totaling over £900 million across nine seasons. The commission also noted the club's concerted efforts to obstruct the investigation into these practices.

Kogan emphasized that any action by the IFR would be premature while the appeal process is ongoing. He indicated that the IFR would decide whether to launch its own investigation once all related questions are resolved. Kogan also pledged to resign if any political interference were to affect an IFR investigation into the club, acknowledging potential diplomatic sensitivities.