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What should be the appropriate punishment for Manchester City breaching Premier League and UEFA financial rules?

Manchester City was reportedly found guilty of all but one of the 115 financial charges brought against the club in February 2023, according to reports revealed by The Athletic. The multi-year Premier League investigation determined that the club violated rules regarding accurate financial reporting between 2009 and 2018, while former manager Pep Guardiola reportedly resigned earlier in the spring with one year remaining on his contract.
The findings determined that Manchester City failed to provide accurate details regarding player and manager payments, breached UEFA Financial Fair Play guidelines, and broke Premier League Profitability and Sustainability Rules. Potential penalties and an official timeline for disciplinary announcements have not yet been made public by league officials.
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