Given the nature of what’s at stake here I do not see how the PL have the ability to essentially charge one of of its key shareholders with providing fraudulent accounts over a 10 year period, misleading auditors, UEFA & the PL itself.
They would need to prove these allegations based upon 7+ year old emails that sit outside the statute of limitation their regs are governed by in accordance with English law, whilst also overcoming the actual contractual financial transactions between the parties that saw CAS clear City in 2020, proving what is said in the emails is what then transpired. It’s a neigh on impossible hurdle for them to over come & even if they did, it would then open the directors involved at City to criminal action, it’s just not realistic.
The PL are between a rock & a hard place because they are clearly being pushed by our detractors to act based upon these emails, but as we know emails alone aren’t enough to bring any meaningful punishment, especially by an arbitration panel. I suspect this will be settled outside of arbitration between both parties with City paying some form of fine and an agreement for both to move on.
Of course I could be totally wrong & we could be relegated to League 2, but I just don’t see it.