The Premier League accused City of breaking more than 100 financial rules in a shocking statement on Monday.
The allegations against the current league winners center on financial data pertaining to income, specifics of manager and player compensation, UEFA rules, profitability and sustainability, and cooperation with Premier League investigations.
Mundo Deportivo reports that Los Blancos are keeping a careful eye on any penalties that the Sky Blues may get and if the Norwegian striker’s spot at the Etihad Stadium can be secured.
The verdict is reportedly of of interest to the Spanish giants since it may eliminate a competitor in the race to sign Jude Bellingham.
The Norwegian international, who joined City for for £51 million, was one of the major acquisitions of the previous summer.
It’s believed that the agreement includes a £128 million release clause (about $150 million) in his contract.
An unusual number of accusations were brought against City by the Premier League during the years of 2009 and 2018.
Man City might be punished in a number of ways, including with a reduction in points or possibly expulsion, if proven guilty.
It is believed that City received legal notice of the allegations at the same time the Premier League did.
The competition also called the club on an executive level, but there was no previous notification provided to the club.
Manchester City expressed astonishment at the alleged violations in a statement.
The statement said, “Manchester City FC is startled by the issuance of these purported violations of the Premier League Rules, especially considering the significant involvement and large quantity of comprehensive documents that the EPL has supplied.
“The Club appreciates the independent Commission’s consideration of this subject to objectively weigh the substantial amount of unchallengeable information that exists in support of its position.
“As a result, we anticipate this issue being resolved once and for all.”
Beyond their statement, City opted not to comment.