Report: Manchester City found guilty of breaching Premier League financial regulations

Manchester City have been found guilty of breaching the Premier League's financial regulations on 114 of 115 charges, according to a report from David Ornstein at The Athletic . The investigation has been ongoing for several years, and a Man City spokesperson told Ornstein that the "Premier League process remains ongoing, with significant elements to be completed." City were charged by the Premier League in 2023 . Ornstein's report comes from "sources briefed on the matter who spoke anonymously as they were not authorized to do so publicly." He reports that a punishment has not been determined "with all options on the table" and that it's expected City will appeal the decision. City has maintained its innocence since being charged for breaches of UEFA's financial fair play, the Premier League's profit and sustainability rules, and failing to report accurate financial information for the period between 2009 and 2018. City were facing a two-year ban from European competition plus a reported points deduction in 2020, but the ban was overturned by the Court of Arbitration for Sport. Manchester City statement to The Athletic in full "The Premier League process remains ongoing, with significant elements to be completed, and subject to strict confidentiality. As such Manchester City FC’s position remains consistent with the club’s statement of February 2023. "The club has diligently respected due process for eight years on the basis the Premier League board and executive would behave as an independent, impartial and fair minded regulator, free from partisan influence."