Last season, reports emerged that Manchester City could face 115 charges of breaching the Premier League’s Financial Fair Play (FFP) rules and could be subject to compensation claims from other clubs. According to The Times, other Premier League clubs would need to file lawsuits soon if they want to claim compensation from Manchester City.
The Times pointed out that legal professionals revealed that the statute of limitations for breach of contract claims is six years, which is also applicable to the Manchester City case and will expire in November this year. However, the Premier League’s hearing on Manchester City’s alleged breach of league rules is set to begin next month and will last for 10 weeks, meaning that the verdict for Manchester City will not be available until early next year.
In other words, if other clubs’ compensation claims are not filed before November this year, they will exceed the statutory limitation period, so they cannot wait for the Premier League’s official ruling and must act quickly.
It is worth mentioning that numerous clubs have already begun taking action, seeking legal advice on potential compensation claims, which could total hundreds of millions of pounds.
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