Khaldoon Al Mubarak to Reveal Manchester City’s Side on 115 Charges Verdict

Manchester City chairman Khaldoon Al Mubarak says he is ready to finally tell the club’s side of the story once the long‑running Premier League case over alleged financial breaches reaches a verdict.

City were hit in 2023 with 115 alleged breaches of the league’s financial rules, covering a nine-year spell from 2009 to 2018, and were also accused of failing to cooperate fully with the investigation. An independent commission heard the case around 18 months ago, yet the outcome remains unknown.

The silence, Khaldoon insists, is deliberate rather than evasive.

“Let me be as consistent as I've always been -- until we have a ruling, I can't say much,” he told the club’s media channels, sticking to the line City have maintained since the charges were announced. The club has denied any wrongdoing throughout.

Then came the promise.

“Once we have a ruling, believe me, we're going to have a wonderful sit down together and I'll say everything I've wanted to say for the last three years.”

It was a rare public glimpse into the frustration inside a club that has dominated English football on the pitch while living under a cloud off it.

A superpower under scrutiny

Since the Abu Dhabi‑backed takeover in 2008, City have rewritten the domestic landscape. Eight Premier League titles, a Champions League, four FA Cups and seven League Cups have turned them from noisy neighbours into the benchmark.

The transformation has not just been sporting. The club’s valuation has rocketed, driven by success at the Etihad and the global expansion of City Football Group. Khaldoon now puts that value at around $10 billion.

“If you're going to sell all this today in the market, you wouldn't sell it for less than 10 billion dollars minimum,” he said, before making clear that such a sale is not on the table.

“Sheikh Mansour, when he looks at this club, he sees it as a long-term investment. Of course, His Highness has no intention of selling this business. There's only intention to keep growing this because the view here is this will only grow and this is a beautiful business to own.”

For City’s hierarchy, the project is not a quick flip. It is an empire they believe sits at the heart of modern sport.

“These sorts of jewels, you don't sell”

Khaldoon framed City’s position in the broader battle for global attention, where streaming platforms, social media and gaming compete for eyeballs but live sport still cuts through.

“It's football and it's entertainment. In the world we're in today, while the world changes and people's attention goes to different things, sport stays -- and football within sports is the pinnacle.

“And Manchester City and this group, within the football world, is a pinnacle. These sorts of jewels, you don't sell.”

So City wait. On one side, a trophy-laden era and a business they value among the game’s elite assets. On the other, 115 charges that could yet reshape how that success is viewed.

Khaldoon’s message is clear: the ownership is not going anywhere. The only unknown is what that long-promised “sit down” will sound like when the ruling finally lands.