India, Sept. 29 -- The Premier League on Tuesday confirmed that Manchester City was found guilty of all charges related to serious breaches of the competition's financial rules over a nine-season period. Moreover, City were also found guilty of another wrongdoing, arranging "sham contracts" with a number of commercial partners to inflate the club's revenue and reduce its costs. However, no sanction has been confirmed, and City have also been given a deadline until October 2 to appeal the independent Commission's findings.

Manchester City are in danger of being relegated, and there is also chatter about the club's title wins being stripped. However, there's no confirmation about the possible sanctions. The battle is expected to continue f...