The Daily Mail reported on Thursday that City will go head-to-head with top-flight chiefs next autumn. The Premier League allege 155 offences have been committed between 2009 and 2018 relating to breaching financial regulations.
The legal wrangle has cast a cloud over the Etihad in recent times, with Evertons case against the Premier League increasing the focus on City. Toffees&apos chiefs were stunned when the commission dealt them a 10-point deduction – the most severe punishment in the competition&aposs history.
That has heightened speculation about what punishment City could face should their legal defence fail in 2024. Points deductions have been mooted but there are also suggestions Pep Guardiolas side could be relegated from the top flight – with their silverware stripped.
Doing so would be an unprecedented moment in English football, with no club ever being relieved of their titles. Swindon Town were denied promotion to the First Division – and relegated to the third tier – after being found guilty of financial infringements in 1990.
Dan Plumley, a football money expert, has suggested losing their trophies is a possibility for City. He said: “In terms of possibility, the answer is yes. I think there is a possibility of all of those things. But all of those things were on the table before the Everton verdict as well.
“That&aposs what is in the Premier League&aposs governance framework, it&aposs within their remit. They deploy the sanctions and the sanctions range from financial penalties, in terms of fines, to sporting penalties in terms of deductions, relegation, or stripping of titles.
“All of those things are within the arc of what the Premier League can do. We&aposre looking for benchmarks and we&aposre looking for precedent. I don&apost think anything is fully off the table.”
But another financial specialist, Kieran Maguire, explained earlier this year that stripping City could open up another legal wrangle. He noted how reports suggesting Leeds United and Burnley would sue Everton quickly fell flat on their face.