Manchester City have been found guilty on 114 out of 115 financial rule breaches in their case with the Premier League, leaving the club facing significant uncertainty. The verdict, revealed on Friday, has sent shockwaves through the football world, with punishment yet to be decided and an appeal widely expected.
Charges and background
City were charged following an investigation into alleged breaches between 2009 and 2018. The club was accused of failing to provide accurate financial information and details of payments to players and coaches, as well as breaching UEFA's financial fair play (FFP) regulations and the Premier League's own profitability and sustainability rules (PSR).
Throughout the process, Manchester City have consistently maintained their innocence. If their appeal fails, a range of potential sanctions could be handed down, including fines, points deductions or even expulsion from the Premier League altogether.
Haaland decision and CEO statement
In the wake of the verdict, Erling Haaland has made an exit decision, while the club's CEO has issued a 17-word statement on the matter. The full details of both developments are being followed in live updates.
The outcome has stunned the football world and will carry significant consequences for City if their appeal falls flat. Updates throughout the day will continue to track the latest developments following the guilty verdict.
