I think it's reasonable to assume we'll be found guilty of not cooperating with the premier league. Our justification of course is they're , like uefa, leaking and potentially sharing information with our competition. We'll be done for that imo, as CAS set that precedent that , whilst acknowledging concerns over bias, it was not reason enough for City to not cooperate.
But for the grander charges regarding cooking the books and hiding payments and sponsorship, well that's something they have to prove and I've not seen anything suggest they can. Its an extremely serious allegation, potentially to the point of criminal proceedings against individuals, connected to or part of the Abu Dhabi royal family, for fraud, but as with the previous uefa charges seems to be substantially lacking in actual evidence. I'd be personally shocked if our management team were that stupid, if we've done anything of order I would expect it's something within the rules at the time that was retrospectively changed or seen as a grey area.
The stakes are incredibly high though now. I'm not sure the premier league thought this through. Win and they have to take unprecedented action against one of their biggest interests. Lose and they all but sign their own death warrant as a body capable of governing itself and it's members and even more so potentially open the door for a European super league and initiate the end of the dominance of English football commercially.