Manchester City have “been found guilty of breaking the majority of the 115 financial rules they were accused of breaching” sources have told BBC Sport.
The Premier League declined to comment. Asked if the report was correct, City did not comment either way.
Instead they released a statement saying that the “Premier League process remains ongoing with significant elements to be completed, and subject to strict confidentiality”.
“The club has diligently respected due process for eight years on the basis that the Premier League Board and Executive would behave as an independent, impartial and fair-minded regulator, free from partisan influence,” it added.
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