Skip to the stories
Wednesday, 4 November 2026
Saved

Next edition

12:01

Headlines

Top Business

UK audit regulator reviews Manchester City accounting following commission ruling

The Financial Reporting Council has taken over regulatory consideration of Manchester City's financial statements after the club breached Premier League financial rules.

FTMQ Business, written by our newsroom0 views

Share
Picture: BBC Business

The United Kingdom audit regulator has confirmed it is leading inquiries into accounting irregularities at Manchester City Football Club. BBC Business and the Financial Times both reported that the Financial Reporting Council took over regulatory consideration of the case on 30 September 2026. The matter was previously handled by the Institute of Chartered Accountants in England and Wales. [1][3]

The regulator confirmed the move in a letter sent to the House of Commons business select committee, BBC Business and شبكة تواصل الإخبارية reported. The Financial Reporting Council stated that it is making preliminary inquiries, although no formal investigation has started yet. [1][5]

The inquiries follow a ruling by an independent commission that found Manchester City guilty of breaching Premier League financial regulations between the 2009-10 and 2017-18 seasons. According to BBC Business, those breaches included artificially inflating the financial position of the club. [1]

Manchester City Football Club competes in the Premier League, which is the top flight of English football, and plays home matches at the City of Manchester Stadium. Financial audits are designed to determine whether financial statements are accurately presented without material errors or misstatements. [7][8]

Share

In short

  • The Financial Reporting Council took over regulatory consideration of Manchester City's accounting on 30 September 2026.
  • The regulator confirmed its actions in a letter to the House of Commons business select committee.
  • An independent commission found Manchester City guilty of breaching Premier League financial rules between the 2009-10 and 2017-18 seasons.
  • No formal investigation has been launched by the Financial Reporting Council at this stage.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Audit regulator looking into Manchester City accountingBBC Business, 14d ago (the report this story comes from)
  2. [2]Audit regulator looking into Manchester City accountingBBC, 14d ago
  3. [3]Audit regulator takes control of inquiry into Man City accountsFinancial Times, 14d ago
  4. [4]Manchester City probe findings being 'examined' by UK audit regulatorMLex, 14d ago
  5. [5]Financial Reporting Council examines Manchester City’s audit after Liam Byrne request — Manchester City Accounting Probeشبكة تواصل الإخبارية, 14d ago
  6. [6]UK audit regulator takes over Manchester City accounts inquiryTraders Union, 14d ago

Background

  1. [7]Manchester City F.C. on Wikipedia
  2. [8]Financial audit on Wikipedia
  3. [9]Audit on Grokipedia

Our newsroom writes these reports with the help of software, from the 9 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Related from FTMQ Business

Earlier reports of ours on the same people and subjects.

More in Top Business

Get the day in one email

Reports like this one, the top news of the last 24 hours, every morning. Free, one email a day; readers can comment under every report.

By signing up you agree to our terms and privacy policy. Unsubscribe any time.

Comments

Loading

Join the conversation

Comments are open to readers of our daily email: the top news of the last 24 hours, every morning, free. Sign up and the comment box opens.

Already on the list? Enter the same address and we will send a sign-in link.

By signing up you agree to our terms and privacy policy. Unsubscribe any time.