English club Manchester City hopes to retain some of its veteran stars in the event that the Sky Blues are relegated.
Manchester City faces the risk of relegation to the second division following accusations in 114 cases related to financial breaches.
Football Insider revealed that Manchester City is planning for its worst-case scenario, which is relegation.
In this case, the club hopes that some of its major stars will remain with the team in the second division to facilitate the rebuilding process and return to the English Premier League.
However, Manchester City's management will not give up on this matter and will continue through the legal process until the end.
Manchester City issued a statement responding to the charges brought against it by the Premier League.
Among the 115 charges brought against Manchester City, 35 were related to failure to cooperate with Premier League investigations.
Manchester City stated in its announcement: "Manchester City Football Club is disappointed and surprised by the opinion of the Premier League Commission published today."
The Premier League announced in an official statement that Manchester City was found guilty of all charges related to serious breaches of the league's financial rules over nine seasons, and most charges related to its lack of cooperation with the investigation between 2009 and 2018, involving the signing of sham contracts with several commercial partners, providing misleading accounts, concealing its financial position, and violating spending limits set by the Premier League and UEFA. See details by clicking here
Following the confirmation of the charges, the club has the right to appeal the independent commission's findings, with a deadline of Friday, October 2, to exercise this right. The Premier League Board intends to complete the entire process as quickly as possible.
Manchester City responded: "The club affirms its innocence regarding the charges brought against it by the Premier League and possesses compelling and comprehensive evidence supporting all its positions in this matter. Therefore, the club will continue its diligent struggle and take proactive measures when necessary before all relevant regulatory and legal bodies."
The club's statement added: "Premier League proceedings are still ongoing, with important elements yet to be completed. Manchester City Club will now resort to all available avenues of appeal, on the basis that the opinion contains clear fundamental errors in law, principles, and facts, and is unsound."
It continued: "The club has seriously respected due process for eight years, based on the expectation that the Premier League Board and Executive would act as an independent, impartial, fair regulator free from partisan influence."
Manchester City's statement concluded: "It is clear that the club is restricted in what it can say further until all future proceedings are complete."
Manchester City Club has been charged with 115 counts by the English FA. These allegations center on: 54 charges related to providing inaccurate financial information - 35 charges related to failure to cooperate with Premier League investigations - 14 charges related to non-disclosure of player and manager salary details - 7 breaches related to profitability and sustainability rules - 5 breaches related to UEFA regulations.
What are the potential sanctions for Manchester City?
Potential sanctions, according to Premier League regulations, range from financial fines and point deductions to exclusion from the Premier League.
Point deductions can be applied retroactively, which may open the door to the possibility of stripping Manchester City of some of its previous titles.
Manchester City is preparing to appeal the decision in the coming days.
The English FA accused the club of failing to provide accurate financial information, along with breaches related to payments to players and managers, and rules concerning financial fair play, profitability, and sustainability.
Manchester City Club denied all charges brought against it, affirming its confidence in its legal position.
