The Football Association issued a statement regarding the verdict against Manchester City, announcing that it would continue to "monitor developments."
The FA noted that it is studying the decision and its implications for the integrity of English football.
Manchester City is preparing to file an appeal today, Friday, October 2nd, which is their final deadline from the Premier League to respond to the charges brought against them.
The FA's statement read:
"The independent commission's decision has serious implications for the integrity of the game. We are carefully considering the decision and its consequences, and will take appropriate action.
Given that proceedings between the Premier League and Manchester City are ongoing, we do not intend to comment further at this stage. However, we will continue to closely monitor developments."
FA statement on Manchester City:@FA
The Premier League announced that Manchester City is guilty of all charges related to serious breaches of the league's financial rules over nine seasons, and most charges related to failure to cooperate with the league's investigation between 2009 and 2018. (Read details)
During that period, the club entered into sham contracts with several commercial partners, submitted misleading accounts, concealed its financial position, and breached spending limits set by the Premier League and UEFA.
Following the findings, the club has the right to appeal the independent commission's results, with a deadline until Friday, October 2nd, to exercise this right. The Premier League Board intends to complete the entire process as quickly as possible.
For his part, Manchester City Club issued a statement in response to the charges brought against them by the Premier League.
Among the 115 charges brought against Manchester City, 35 were related to failure to cooperate with the Premier League's investigations.
