Manchester City have reportedly been found guilty of nearly all the financial misconduct allegations brought against them by the Premier League.
The 115 charges, which Man City have consistently and firmly denied, were first made public in February 2023. They fall broadly into three categories: illicit financing, non-cooperation, and breaches of Premier League and UEFA financial regulations.
The Athletic reports that an independent panel has found Man City guilty on all but one of the 115 charges. Penalties are yet to be determined — and nothing has been ruled out — though the club is widely expected to appeal against whatever sanctions are imposed.
Potential punishments range from fines and points deductions to expulsion from the Premier League, or indeed a combination of all three.
What implications this may have for rival clubs, such as Hull City, remains unclear at this stage, given that no punishments have yet been formally proposed, reports Leeds Live.
A Manchester City spokesperson told The Athletic: “The Premier League process remains ongoing, with significant elements to be completed, and subject to strict confidentiality. As such Manchester City FC’s position remains consistent with the club’s statement of February 2023.
“The club has diligently respected due process for eight years on the basis that the Premier League board and executive would behave as an independent, impartial and fair-minded regulator, free from partisan influence.”