Manchester City were found guilty of the vast majority of the 115 alleged financial rule breaches that were brought against them by the Premier League, and whilst there is talk of titles being stripped as a result, Inter will not be retrospectively awarded the 2023 Champions League title that they lost to the Citizens.

On Friday afternoon, news broke that Man City had been found guilty of breaking the majority of the 115 Premier League financial rules that they were accused of breaking by an independent commission.

Back in February 2023, the Premier League giants were charged with 115 breaches of the Premier League’s financial fair play rules, and were also accused of failing to co-operate with the Premier League’s investigations into their financial status.

Specifically, City were charged with 54 separate counts of failing to provide accurate financial information from 2009-10 until 2017-18, 14 counts of failing to provide accurate details for player and manager payments over the same period, five counts of failing to comply with UEFA’s rules including FFP from 2013-14 until 2017-18, seven counts of breaching the Premier League’s Profitability and Sustainability rules from 2015-16 until 2017-18 and 35 counts of failing to co-operate with the Premier League’s investigations from 2018 until 2023.

Current head coach of the Italy national team, Roberto Mancini , was employed by City during the period when they were accused of failing to provide accurate information regarding payments to players and managers.

MANCHESTER, ENGLAND – APRIL 17: Manchester City Manager Roberto Mancini gestures during the Barclays Premier League match between Manchester City and Wigan Athletic at the Etihad Stadium on April 17, 2013 in Manchester, England. (Photo by Alex Livesey/Getty Images)

Once a guilty verdict is formally confirmed, it is expected that City will appeal the ruling.

Exact sanctions have not yet been specified, which has led to speculation among supporters and experts alike. There has been talk of unprecedented fines, titles being stripped and potentially even relegation from the English top flight, although there are still plenty of steps before potential punishments are handed out.