Manchester City have been found guilty of the majority of the 115 financial rule breaches they were accused of by the Premier League.
Reports from the Athletic say an independent panel has reached its decision, with City reportedly found guilty on all but one of the counts.
However, sanctions have not yet been decided, meaning the next stage of the process will determine any punishment.
The Premier League has declined to comment, while Manchester City have also not confirmed or denied the reports.
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In a statement, the club said the Premier League process remains ongoing,with significant elements still to be completed and the matter subject to strict confidentiality.
City also said it had respected due process throughout the eight-year case and maintained that it expected the Premier League’s regulatory process to be independent and impartial.
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