The Premier League has found Manchester City guilty of 115 breaches of its financial rules between 2009 and 2018. The verdict, described by CEO Richard Masters as the most significant in league history, states City used "sham" commercial contracts to disguise over £900 million ($1.2 billion) in secret funding from its Abu Dhabi owners, artificially inflating revenues and reducing costs. City CEO Ferran Soriano called the findings a "single false accusation" and a "Premier League conspiracy theory." The club denies wrongdoing and plans to appeal. Potential sanctions range from a fine to points deductions, expulsion from the league, or even stripping titles. Previous cases saw Everton docked 10 points (later reduced to six) and Nottingham Forest four points for smaller breaches. The severity of City's breaches, spanning nine seasons, could lead to much heavier penalties, with some experts suggesting 40-60 points. The outcome could also impact player contracts, including those of Erling Haaland and Enzo Fernandez, if relegation occurs.