City is accused of breaking the rules during the course of nine seasons, from 2009–10 to 2017–18.

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It happened following a four-year inquiry by the Premier League, which accuses the league’s reigning champions of failing to provide correct financial data about club revenue, sponsorship revenue, and operating expenses.

The story, arguably the biggest in the history of the Premier League, has led to a number of reports on what the possible ramifications might be if City are found guilty by an independent commission.

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Potential relegation from the Premier League or even expulsion from the Football League on the whole has been mentioned, while some have speculated about the possibility of City being stripped from their three Premier League titles won in the period.

According to Kaveh Solhekol of Sky Sports, the majority of people believe that City will most likely suffer a “small points deduction” if they are found guilty.

It’s also crucial to remember that a decision is unlikely to be made any time soon. Before the verdict is announced on the official Premier League website, the commission will hear arguments from both sides in private.

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The process is expected to take a while given that the initial inquiry lasted for four years, and it has even been suggested that Pep Guardiola may quit City before the verdict is announced and any potential fines are applied.

The Court of Arbitration for Sport (CAS) overturned City’s two-year ban from European club tournaments in 2020 after UEFA found that the Blues had violated “serious” financial fair play rules over a four-year period between 2012 and 2016.

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On that occasion, City was guided to success by Lord Pannick KC of Blackstone Chambers, and he has been re-involved in the current legal dispute.

City, who issued a statement stating that they welcomed the inquiry, is reportedly confident in their ability to clear their name.

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