Manchester City are believed to be 'confident' in their position after numerous charges from the Premier League, according to BBC journalist Mike Minay.
The Lowdown: City accusations...
On Monday morning, City supporters and those within the club were left shocked when the league published charges containing more than 100 alleged financial breaches.
Following a four year investigation, the governing body announced on their website that City had been charged with breaking 115 regulations from 2009 onwards.
These accusations come nearly three years after UEFA attempted to ban the Sky Blues from Champions League participation for allegedly breaching FFP rules.
The Latest: Sky Blues 'confident'...
According to BBC journalist Minay, City are 'confident' in their position, including those issues time-barred by UEFA.
This is despite the Premier League not even giving them advance warning of the statement before it went live.
Minay explained:
"It’s understood City were not given advance warning of the statement but are confident in their position (including those issues time-barred from UEFA) and believed to have provided this to PL some time ago."
The Verdict: Crucial months ahead...
For City supporters, these next few months, or even years going by some sources, could be the most pivotal in the club's recent history.
A range of serious sanctions are possible if the Eastlands side are found guilty of alleged breaches, including points deductions and even expulsion from the top flight.
Under section W.15.10 of the “Commission’s Powers” in the Premier League rulebook (via inews), it's also noted that the adjudging powers in question can pass down any punishment it sees fit.
City's confident position, however, is certainly something to note and some sources suggest that the club even see the lack of time-bars as an opportunity to prove their total innocence by the book.
The Court of Arbitration for Sport overturned UEFA's previous attempted sanction in mid-2020 and Blues will be hoping for a similar outcome.