Major development in Man City's 115 charges hearing as fans told when to expect verdict

There has been a major development in Manchester City's 115 charges case after the hearing was concluded.

City were accused of 115 breaches of financial rules by the Premier League in February 2023 and the hearing started in September.

Closing arguments were heard on December 6 to conclude the case and fans have been waiting for a verdict to arrive.

No set date has been confirmed but an update on proceedings has been issued by The Athletic ahead of a result which will have huge implications on English football.

City's charges relate to alleged breaches of Premier League financial rules over a nine-year period from 2009 to 2018.

The Premier League champions are adamant they are not guilty of any wrongdoing and have not broken any rules. The Premier League, meanwhile, believe they have collected further evidence following on from UEFA using City's internal emails leaked by German newspaper Der Spiegel in their case.

City were initially found guilty before they successfully appealed the decision, with Court of Arbitration for Sport cancelling the punishment set to be issued.

According to the report, the unnamed three-person panel is now reviewing the case and silently making their decision.

Pep Guardiola and Manchester City are awaiting the verdict from the 115 charges case. Image: Getty

What are the 115 charges?

• Failure to provide accurate and up-to-date financial information from 2009/10 to and including 2017/18 - 54 alleged breaches
• Failure to co-operate with Premier League investigations from December 2018 to February 2023 - 35 alleged breaches
• Failure to provide accurate financial reports for player and manager compensation from 2009/10 to and including 2017/18 - 14 alleged breaches
• Breaches of Premier League profitability and sustainability regulations from 2015/16 to and including 2017/18 - Seven alleged breaches
• Failure to comply with UEFA's regulations, including UEFA's Club Licensing and Financial Fair Play regulations - Five alleged breaches

All parties are anticipating a verdict to be delivered prior to the end of the season but there is still no exact timeframe given.

While the separate PSR cases involving Everton and Nottingham Forest had a decision announced around a month after, City's case is much more complicated.

And even when a decision is given, there is no word on whether City's punishment would be immediate should they be found guilty.

Both sides will reserve the right to appeal any outcome, which could further delay proceedings.

According to finance expert Kieran Maguire, there are "very narrow grounds for appeal" from a City perspective as they would be relying on the possibility that the "conduct of the committee itself was unprofessional in some way".

He stated that City's entire board of directors must resign if they lose the case as they will have been "found guilty of misrepresentation, effectively lying to a commission."

Speaking on The Overlap earlier this month, Maguire claimed City could be deducted as many as 100 points if found guilty.