The Etihad Stadium outfit is still awaiting a verdict in the long-running investigation according to Goal, which has cast a shadow over Manchester City since early 2023 amid accusations of financial mismanagement.
The long-running investigation centres on accusations of financial mismanagement and irregularities in the club's reported revenues and transfers. A deduction of this size would represent one of the most severe penalties in Premier League history, potentially derailing the club's title ambitions and their pursuit of European success.
City are reportedly preparing their defence, but the potential impact on the squad and the club's reputation is significant, with rivals and fans watching closely as the case progresses.