Manchester City has confirmed it will appeal against the Premier League’s ruling that the club breached financial rules. The decision, announced by the club, comes after a long-running investigation into the club’s financial practices. The Premier League found the club guilty of multiple violations, including failing to meet financial fairness criteria.

The club’s CEO, Ferran Soriano, has warned European rivals about the ongoing legal battle, emphasizing the seriousness of the situation. Meanwhile, several top-tier clubs, including Liverpool, Arsenal, Manchester United, and Tottenham Hotspur, have filed legal notices to claim compensation, according to British media reports.

The verdict has sparked concern among players, with some fearing relegation. A player agent has reportedly expressed worries within the squad about the club’s future. The situation has also drawn public criticism, with figures like Piers Morgan calling the club the “biggest cheats in British football history.”

This is the latest in a series of legal and financial challenges for Manchester City, which has been under scrutiny for years. The club now faces the possibility of being relegated, depending on the outcome of its appeal. The Premier League has not yet announced any immediate sanctions, but the ruling has already created uncertainty around the club’s future in the league.