Financial breaches: Man City found guilty on almost all counts
The "Skyblues" were reportedly found guilty on 114 of 115 charges. What happens next is uncertain.
Bombshell for Manchester City!
The Premier League club was found guilty on Thursday on almost all charges related to breaches of the Premier League's financial regulations. This was reported by "The Athletic".
What happens next for the "Skyblues" is still open. However, it is expected that they will appeal the verdict.
From Warnings to Exclusion
City was found guilty on 114 of 115 charges.
A club spokesperson told the outlet the following: "The Premier League's proceedings are not yet complete, several important steps still need to be taken, and strict confidentiality applies. Therefore, Manchester City FC's position remains unchanged from the club's statement in February 2023."
At the time, they expressed "surprise" at the accusations and welcomed the investigation.
But what are the possible penalties that could now follow? Sanctions range from warnings and fines to points deductions and even exclusion from the Premier League.