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アレックス・ボディ、CRIFとともに透明性の高い投資と徹底した資金洗浄防止に注力
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Brennan holds off Schauffele for PGA Tour win in Japan
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Ο ALEX BODI δίνει έμφαση, σε συνεργασία με την CRIF, στις διαφανείς επενδύσεις και στη συστηματική πρόληψη της νομιμοποίησης εσόδων από παράνομες δραστηριότητες
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ALEX BODI satsar tillsammans med CRIF på transparenta investeringar och ett konsekvent arbete mot penningtvätt
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ALEX BODI sází ve spolupráci s CRIF na transparentní investice a důslednou prevenci praní špinavých peněz
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ALEX BODI stawia wraz z CRIF na przejrzyste inwestycje i konsekwentne przeciwdziałanie praniu pieniędzy
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एलेक्स बोदी क्रिफ के सहयोग से पारदर्शी निवेश और धनशोधन की कड़ाई से रोकथाम पर ज़ोर देते हैं
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알렉스 보디, CRIF와 함께 투명한 투자와 철저한 자금세탁방지에 주력
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ALEX BODI 攜手 CRIF,推動透明投資並貫徹洗錢防制
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ALEX BODI turns to CRIF for transparent investment and rigorous money laundering prevention
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Indian court releases 'cockroach' movement leaders from detention
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The 'cockroach' protests against India's election body
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Messi nets brace to win in first match after Argentina exit
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Kenyan great Kipchoge wins first marathon in three years
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All Blacks lose four players for second Wallabies Test
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Barca extend perfect streak, Real Madrid survive Vinicius red
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Spanish women return to action with 2-0 friendly win over USA
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PSG ease to Ligue 1 win before Manchester City test
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Bordeaux-Begles end wait for away win before Champions Cup defence
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Real Madrid edge Villarreal, Vinicius sent off for hair pull
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Traumatized Panamanians begin quake recovery
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Carrick demands more 'streetwise' Man Utd after Spurs setback
Man City must be relegated after guilty verdict says club's former chairman
Manchester City must be expelled from the Premier League after being found guilty of breaching financial rules, according to the club's former chairman David Bernstein.
City were found to have arranged "sham" contracts with a number of commercial partners to artificially inflate the club's revenues and reduce costs over a nine-season period between 2009 and 2018.
The scheme concealed the true state of their finances and avoided breaches of Premier League and UEFA spending limits as a result.
An independent commission also found the club guilty on the majority of charges in relation to their failure to co-operate with the league's investigation.
City could be relegated, hit with a points deduction or handed a huge fine.
No sanction has yet been imposed and Abu Dhabi-backed City said they will appeal against the decision.
But Bernstein, who served as City chairman from 1998 to 2003, believes the Etihad Stadium outfit deserve the strongest possible punishment.
"It is damning beyond belief. My immediate thoughts are, should the board continue? Should the people involved be suspended immediately?" Bernstein told the BBC.
"Very, very serious. I think it's really terrible. There's a school of thought with lawyers that is deny, deny, deny, but this is a football club that is part of a league and the whole credibility of the league is at stake here.
"The sanctions cannot just be financial, so it's got to be way beyond that. If the appeal fails, Manchester City cannot stay in the league, they have to suffer. And I say that as a supporter and a fan."
- 'Incredibly serious' -
Lisa Nandy, the Culture, Media and Sport secretary, told the BBC that the report was: "Incredibly serious. The Premier League report is incredibly stark.
"Manchester City have the right to appeal. This is causing a lot of concern for City fans and all fans of Premier League football."
City overstated their income by over £830 million ($1.09 billion) using a system they called 'Project Longbow', according to the independent commission.
In a damning 40-page document, the Premier League said it regarded City's conduct as having "extremely serious, significant, sustained and intentional or reckless breaches of rules critical to the proper and fair operation of the Premier League".
The document has detailed the scale of what the commission repeatedly called "sham" commercial deals the club made with a number of its sponsors.
They were part of a disguised funding scheme, whereby those companies were only required to pay a portion of the relevant sponsorship fees.
According to the commission, one company, "Fordham", was "in reality little more than a front" for the Abu Dhabi United Group Investment and Development Ltd (ADUG), which owned the club, to plough in more funds.
The commission said: "In 2012 the club launched what it termed Project Longbow.
"We accept the club's explanation that Project Longbow was a multi-strand project whose purpose was to explore how the club might boost its revenues and reduce its operating losses.
"Many of the strands of Project Longbow were genuine, legitimate attempts to achieve those aims. One was not. That was the Fordham Arrangement."
P.Martin--AMWN