Manchester City were found to have breached the Premier League’s financial regulations on over 100 occasions on Monday and the punishment for the crime could be severe, with the rest of the league’s clubs wanting a verdict soon.
After a four-year investigation, the findings were announced this week that City had broken the league’s financial rules on over 100 occasions between the years 2009-2018, reported the BBC.
Once the findings have been reviewed, an independent commission will decide the Manchester club’s punishment if found guilty and Premier League clubs want a verdict in the Manchester City-Premier League case before the end of the season, however, no timeframe has been set.
One source told the Daily Mail that it is likely to be ‘years away’ before a verdict is reached, which will come as a disappointment to the rest of the league’s clubs.
? Premier League clubs want a verdict in the Manchester City-Premier League case before the end of the season, however no timeframe has been set.
One source said it is likely to be 'years away'.
(?? @MailSport) pic.twitter.com/ryyoFxepQV
— Transfer News Live (@DeadlineDayLive) February 7, 2023
If found guilty, some potential punishments could see Man City expelled from the Premier League, suspended or docked points.
The reason why the rest of the league will want clarity on the situation as soon as possible is that it affects how they progress from here as well.
Monday’s revelations might just be the start of this storm and nobody knows as of now how it will conclude.