The Premier League announced that an independent panel had found Manchester City guilty of almost all charges related to violations of financial rules across nine seasons from 2009-10 to 2017-18, as well as three of four charges concerning failures to cooperate with the investigation. The league described the club's use of commercial contracts as 'sham' arrangements designed to inflate revenue and understate costs.
The club, which has denied wrongdoing throughout the process, confirmed it submitted its appeal on Thursday evening, before the Friday deadline. In a statement, Manchester City said it had lodged a 'comprehensive Appeal against the opinion of the Premier League Commission'.
Potential sanctions facing the club include heavy fines, points deductions, and other sporting penalties. Relegation or the removal of titles have also been discussed as possible outcomes, which could have significant consequences across the league.