An independent panel has found Manchester City guilty of inflating revenues by over nine billion kroner through "fictitious" sponsorship agreements. The club was charged with 114 of 115 rule violations, with the English FA stating they will carefully consider the decision and take appropriate action. djcc.club
City has announced plans to appeal the ruling by Friday's deadline. Possible sanctions range from fines and point deductions to expulsion from the Premier League. The case centers on allegations that the club's owners effectively paid most of the reported sponsorship income, with disciplinary measures to be handled in a separate confidential hearing.
