Manchester City have been charged by the Premier League after a statement on Monday alleged several financial breaches from the reigning champions. This comes as a result of an investigation into the club spanning four years, which will now be referred to an independent Commission.
A Premier League statement reads: "In accordance with Premier League Rule W.82.1, the Premier League confirms that it has today referred a number of alleged breaches of the Premier League Rules by Manchester City Football Club (Club) to a Commission under Premier League Rule W.3.4."
With City potentially facing a heavy punishment it could lead to the exit of Pep Guardiola. The odds are in favour of the Manchester City manager departing from the club, which could be a boost for Arsenal seeing as though both sides are currently challenging for the Premier League title.