India, Oct. 18 -- Manchester City are appealing an independent commission's finding that the club committed serious breaches of the Premier League's financial rules, leaving Enzo Maresca's side facing uncertainty over potential punishment. City lodged its appeal on October 1, arguing that the commission's decision contained material errors of law, principle and fact. The club has maintained its innocence and claimed it possesses "irrefutable evidence" supporting its position.

The verdict, announced on September 29, concerns alleged financial breaches between the 2009-10 and 2017-18 seasons. The commission found that City used commercial agreements that misrepresented the true arrangements, artificially inflating revenue and reducing cost...