Manchester City are still waiting to discover their punishment after being found guilty of breaching Premier League financial rules, though the club has appealed the decision. The verdict has caused a split among Premier League clubs, with a potential £300million 'catastrophe' looming.
Guilty verdict and appeal
Last Tuesday, the Premier League confirmed that City had been found guilty on 114 of the 115 charges, stating that the club used 'sham' sponsorship deals to inflate their income by almost £900million during the nine-year period.
City, however, have denied any wrongdoing and appealed the decision last Thursday. The club believe they are "innocent of the accusations made by the Premier League" and say they have "a comprehensive body of irrefutable evidence" to support their case.
Key argument in appeal
One argument City are said to be using during the appeal is that the extra funding came from the Abu Dhabi government and not the club's owners, Abu Dhabi United Group (ADUG), something which is allowed under Premier League rules. However, a statement from the main sponsors, Etihad, back in 2015, appears to contradict it.
What happens next
There is still a lot of talk over what could happen as the club awaits its punishment. The outcome could have significant financial and sporting implications for Manchester City.
