Manchester City’s fate in their long-running legal battle with the Premier League is not yet sealed, but reports that the club has been found guilty of widespread financial misconduct have sparked fierce speculation about what comes next. For more than a decade, City have dominated English football. Heavy sanctions would send shockwaves through English and European football.
The Athletic first reported on Friday that City had been found guilty of all but one of the 115 charges they faced. No sanction has been approved yet, though, and even if one is, the club’s appeal is almost certain.
In a defiant letter to supporters on Saturday, chairman Khaldoon Al Mubarak insisted the club’s resolve had not wavered. “Our confidence and intent in proving the club’s innocence is just as strong as when this began,” he wrote.
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A Long Road Ahead
The case began in 2018, when German outlet Der Spiegel published leaked documents from City executives, and it could still take a long time to reach a conclusion. Under Premier League rules, punishments range from a points deduction to a fine, or even expulsion from the division.
Recent precedent offers little comfort to City. Everton and Nottingham Forest were both handed points deductions in the 2023/24 season for single breaches of financial sustainability rules. Measured against that yardstick, a club found guilty of more than 100 charges would face almost certain relegation.
The timing of any sanction is another likely flashpoint. If a penalty is applied before an appeal is heard, City could be relegated before they have a chance to overturn the verdict. If, on the other hand, punishment is delayed until after the appeal, and City are still top of the table, other clubs could lose their place in the top flight or miss out on lucrative European qualification in the meantime.
Even once the Premier League process is exhausted, the story may not end. City’s Abu Dhabi-backed owners could take the matter to England’s High Court if they challenge a legal issue over how the arbitration process was conducted.

Rivals Sense an Opening
City’s rivals were quick to relish the news. Former Manchester United defender Rio Ferdinand posted: “Another Premier League medal to be added to the cabinet.” Ferdinand was part of the United side that finished second to City in 2011/12.
His former teammate Wayne Rooney struck a different tone. Speaking on the “Stick to United” podcast on Tuesday, he said: “I don’t think we deserve it. We didn’t do enough that season to win the league.”
The reality is that stripping titles and awarding them retroactively is a messy business. The charges cover 2009 to 2018, during which City won four league titles, with United and Liverpool each finishing second twice. City have since won another four, arguably built on foundations gained through fraud. In the same period, they also collected four League Cups and an FA Cup, the club’s first trophy in 35 years.
Former Stoke manager Tony Pulis, whose side lost the 2011 FA Cup final to City, doubts a wholesale clear-out of the trophy cabinet. “I don’t seriously believe any other trophies and titles will be handed back over either,” he told the BBC. “A points deduction and a massive fine feels far more likely. But I still feel cheated.”
A likelier route to recompense for aggrieved clubs is financial. Rival Premier League sides are reportedly preparing their own legal action, potentially seeking hundreds of millions of pounds. There is a recent precedent here too: in June, Everton were ordered to pay Burnley £35 million ($46 million) after edging the Clarets to survival in the same season they broke financial sustainability rules.
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What of the Stars?
Less than a month ago, City completed the biggest transfer spend ever in a single window, laying out around £460 million on players including Enzo Fernandez, Elliott Anderson and Ayyoub Bouaddi. So far, the looming verdict has had little visible effect on City’s ability to attract and keep top talent.
What remains unclear is how many players, if any, negotiated exit clauses in case of severe sanctions. If the punishment is as heavy as some expect, the answer could shape the future of English football’s most successful modern side.
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