Man City 115 charges hearing update given as £50m Premier League financial blow 'expected'

An update into the hearing into Manchester City's alleged 115 breaches of Premier League rules - and how it could affect the league itself - has been given.

The 115 charges were levelled at City by the Premier League in February 2023.

A hearing into those charges began last month, although the hearing is ongoing in private and, as such, little information has been released to the public.

A verdict is expected to be announced around the end of the season.

Potential punishments for the reigning Premier League winners if they are found guilty include severe fines, points deductions or, if the club are found guilty of the most serious charges, potential relegation.

In that scenario, the EFL would be under no obligation to accept City as one of its members, as per the London Evening Standard.

The case against City forms part of an annual legal bill for the Premier League.

There is believed to be concern that the sum of money, which will be paid out collectively between the 20 clubs, will rise up to millions of pounds.

The Daily Mail claim the sum could be 'tens of millions of pounds', although the exact figure is not known.

Now, former City financial advisor Stefan Borson has told Football Insider of his belief that, while even a high sum wouldn't represent too much of a financial penalty when shared across the 20 clubs, it could deal some damage.

He said: "It definitely will impact their funding.

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"At the end of the day, the Premier League doesn't have any independent sources of finance. There is a central pot of money, which is then distributed to the clubs, so the Premier League is spending the individual clubs' money in prosecuting these cases.

"There is no real way around that. If it's spending £40 to £50 million in the last year, which is what the reports say, then that is the top slice of the clubs' money.

"Each club will have to take a deduction of proceeds for this year from the Premier League to effectively cover these increased expenses.

"Even £50 million across the clubs is not that significant. It isn't that big of a deal from a financial perspective."