BREAKING: Premier League confirms Manchester City found guilty of all 115 charges as club issues full statement vowing to appeal

Manchester City have been found guilty of all 115 charges relating to serious breaches of Premier League regulations, with the league confirming the long-awaited verdict on Tuesday. City denied all of the allegations throughout the case, but an independent commission has now ruled against the club on every charge.

It includes creating a stream of 'sham' contracts to help inflate revenue and reduce costs by more than £900m over nine years. The Premier League issued a 1,545-word statement confirming the decision, bringing an end to an eight-year process which began with the league's investigation into City's financial affairs.

The club now have until Friday, October 2, to exercise their right to appeal. Premier League chief executive Richard Masters described the decision as the most significant disciplinary ruling in the competition's history.

"The core decision establishes the facts of what happened at Manchester City during this period. It details how the club systematically broke Premier League Rules for nearly a decade.

"It also vindicates the Premier League's decision to pursue this case against Manchester City. While the process to date has been both long and difficult, the League has remained determined that the facts be established independently.

"It is a key responsibility of the Premier League to ensure that the Rules, approved by the clubs themselves, are upheld to protect the integrity of the competition. It is paramount that the League remains competitive and fair for all clubs and for the fans.

We take that role extremely seriously. "This disciplinary case, and this decision, are the most significant in Premier League history.

There are elements of the case that remain to be decided, including, importantly, what sanction must follow for these breaches. Now we have the Commission's decision, we are committed to moving swiftly through the remainder of the process, to provide certainty for the League, our clubs and fans.

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The Premier League has confirmed that Manchester City have been found guilty of all charges related to breaches of Premier League financial rules between 2009-10 and 2017-18. An independent Commission found that during that time period, the club arranged "sham contracts" with a…pic."