The Football Association have issued a statement after Manchester City were found guilty of breaching the Premier League's financial rules.
FA statement in full
The statement read: "The Independent Commission’s decision has significant implications for the integrity of the game."
It continued: "We are carefully considering the decision and its implications and will take action where appropriate. As proceedings between the Premier League and Manchester City Football Club remain ongoing, we do not intend to comment further at this stage. We will, however, continue to monitor developments closely."
Ongoing proceedings
The FA noted that proceedings between the Premier League and Manchester City are still ongoing, and said it would not comment further at this stage.
Further updates are expected as this breaking news story develops.
