Take a look at Manchester City's relegation odds after the Premier League published a 40-page document that found the club guilty of 114 of the 115 charges brought against them.
An independent commission reached the guilty verdict on all charges related to serious breaches of the Premier League's financial rules across a nine-season period, and the majority of charges relating to their failure to co-operate with the Premier League's investigation.
The Citizens were charged more than three years ago, but any decision relating to sanctions is expected to take far less time following the commission's verdict.
Manchester City Premier League Relegation Odds
(Odds will display when markets are available).
While it is currently unknown what sanctions City will face, all options appear to be on the table and range from points deductions, transfer bans, significant fines and even expulsion from the Premier League altogether.
As per the commission's findings, City arranged "sham contracts" with a number of its commercial partners in order to inflate the club's revenues and were "significantly in breach" of both Premier League and UEFA spending limits between 2009/10 and 2017/18.
The commission found that the club inflated their revenue and reduced costs by more than £900m during the nine-year period.
Manchester City have, however, denied any wrongdoing throughout the entire process and are expected to lodge an appeal before the October 2nd deadline.
Prior to the news of the guilty verdict, the eight-time Premier League champions had been priced at 12/1 to be relegated, but that price has significantly contracted into 13/8 in recent days.
There has also been an effect on the opposite end of the market, too. Despite winning each of their opening five matches this season, City are out to 15/4 to win the title, whereas reigning champions Arsenal have shortened into 1/2.
Odds displayed correct at time of publishing and subject to change or withdrawal at any time.
