LONDON (AFP) - The Premier League has launched an study into the reports surrounding Manchester City's alleged financial misconduct.Uefa, European football's governing body, said on Thursday (March 7) it is looking into "several alleged violations" on Financial Fair put-on (FFP) at City.That probe came after German magazine Der Spiegel, using material purportedly obtained from the whistleblowing outlet Football Leaks, alleged in November that City had set in the works encouragement deals to circumvent regulations limiting how much child support owners can put into a club. A ban from Uefa competitions, including the Champions League, is a potential punishment if City are found guilty of FFP breaches.City claim the allegations are "entirely false", but the Premier League have fixed to admittance their own study of the English champions' financial matters.As capably as the issues below the Uefa microscope, the Premier League will as a consequence focus on City's academy performer recruitment and third-party ownership. "The Premier League has in the past contacted Manchester City to demand instruction on recent allegations and is in ongoing dialogue behind the club," a Premier League announcement read. 
combined StoryFootball: Man City blast 'false accusations' as Uefa opens spending rules probe
combined StoryFootball: Guardiola trusts Man City to resolve FFP allegations
"The League has detailed financial regulations and mighty rules in the areas of Academy performer recruitment and third-party ownership."We are currently investigating these matters and will allow Manchester City every opportunity to notify the context and detail surrounding them." City were fined 60 million (S$90 million) and subjected to squad, wage and spending caps in a 2014 harmony categorically behind Uefa behind a previous breach of the rules.City official Pep Guardiola, whose side are currently top of the Premier League, insisted on Friday that the financial probes wouldn't tarnish his legacy.Guardiola has won the Premier League and two League Cups behind City and is chasing an unprecedented quadruple this season.
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The 25-year-old is looking to pick up where he left off and land an everyday role this spring. Kids lift Reds to walk-off win After Nick Senzel's tying hit with two outs in the ninth, Jesse Winker drove in the winner as Cincy swept Houston.
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