22 Hrs
Source:
The Guardian
Ultra-rich accountability: City and Clippers cases
Recent investigations have revealed that Manchester City and the Los Angeles Clippers have been involved in significant financial misconduct. Manchester City faces over 100 charges of cheating the Premier League's financial regulations from 2009 to 2018, with ongoing legal proceedings and a defiant stance from the club. Meanwhile, the Clippers were penalized by the NBA for paying star player Kawhi Leonard off the books to circumvent salary caps, resulting in fines, draft pick sanctions, and the suspension of team owner Steve Ballmer. These cases highlight rare instances of accountability for wealthy sports owners, challenging the norm of impunity among the super-rich.
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