Below is a summary of the full article. Click here for the full version or go back to LFC Live.net

Pep Guardiola has responded to La Liga's accusations against Manchester City(Image: Alberto Gardin/Eurasia Sport Images/Getty Images)

An outcome to Manchester City's case over alleged financial breaches of the Premier League's financial fair play rules is soon to be delivered, though this is not the only scandal they must face.

Whatever the verdict may turn out to be, it is certain to have a significant impact on the landscape for Liverpool and the rest of English football in a wider sense.

More than two years have now passed since City were charged with over 115 counts of alleged financial rule-breaking in the Premier League between 2009 and 2018.



The Financial Times' Business of Football summit this week has provided the platform for some of the sport's most influential figures to have their say on the matter with reaction beginning to follow.

These ranged in seriousness, from outright alleged breaking of the financial rules to failure to comply with the Premier League's investigation.

This is ultimately why a verdict is taking so long to decide, as the process is entirely thorough.

Although an exact date has never been given, the feeling is that one should at last arrive this spring.

But asked for comment on 'the elephant in the room' at the Financial Times Business of Football summit, Premier League CEO Richard Masters could only reply: "You won’t be surprised to hear that I won’t be talking about this, I can’t.

It was here he had a shocking accusation to point at Man City.

In short, he has alleged that the English champions have spread financial losses and hidden them in a series of related marketing and scouting companies to manipulate financial fair play figures.
For more news relating to Manchester City, visit our sister site City Latest Live.