Manchester City have been found guilty of 114 breaches of Premier League financial rules, three years after being charged. The club now awaits its potential punishment, which could be significant.
Appeal plans and chairman's response
City have always denied the charges and are set to appeal the decision to clear their name of any wrongdoing. Chairman Khaldoon Al Mubarak has written an open letter to fans addressing the situation, expressing his confidence of proving the club's innocence.
The MEN understands that any movement on an appeal will not take place for months, extending the uncertainty over the situation. If they are unsuccessful with the appeal, then the club will not be able to take the case to the Court of Arbitration for Sport, as they did in 2020 after a battle with UEFA, with any verdict final.
Reaction across English football
The situation has caused shockwaves throughout English football, with many giving their thoughts. Other clubs will be watching intently, with the latest updates potentially having a domino effect on what happens next.