Man City found guilty of HUGE financial 'sham' as Premier League confirm verdict in blistering statement: Club cooked their books by £900m - and now could be RELEGATED

Manchester City have been found guilty of financial misconduct by a Premier League independent commission, with a 40-page verdict concluding the club artificially inflated sponsorship agreements and disguised payments from Abu Dhabi owners, amounting to approximately £900 million in manipulated finances. The ruling confirms City effectively 'cooked their books' through sham financial arrangements over a prolonged period. As a result of the guilty verdict, the club now faces potential sanctions including the possibility of relegation from the Premier League.