India, Sept. 26 -- Manchester City chairman Khaldoon Al Mubarak has issued a statement, and he doesn't sound too worried. On Friday, media reports claimed the club had been found guilty of several financial breaches - in fact, 114 of them. Since then, the football world has been abuzz, and many are demanding that the club be stripped of its trophies between 2009 and 2018 - eight of them during the period of the said irregularities. Al Mubarak on Saturday has reacted to the whole mess in a letter in which he is kind of suggesting that City getting punished one way or the other is not a foregone conclusion.

"I have been part of this Club for 18 years. I have had the privilege to stand with you in the Etihad, at Wembley, and in Istanbul. Th...