Premier League chief Richard Masters has announced that Manchester City's hearing in response to the 115 financial charges levied against them will occur in the 'near future'. City were accused of breaching the league's financial regulations between 2009 and 2018.

The club vehemently denies all charges, but over 12 months after the groundbreaking announcement, very little has been made public. In the meantime, Everton and Nottingham Forest have had their own charges and punishments handed out for breaking separate profitability and sustainability rules (PSRs).

Both sides received points deductions for their wrongdoing, while it is thought that sanctions for City - and also Chelsea should they be charged with historic malpractice regarding financial blackholes in their own accounts - could include fines and even greater punishments.

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In a statement responding to the charges in 2023, City expressed surprise at the allegations and emphasised their extensive engagement with the Premier League and the provision of supporting materials. They welcomed the independent commission's review, expressing confidence in the irrefutable evidence supporting their position.

They anticipate the matter being definitively resolved, reports the Manchester Evening News. Masters' confirmation of the upcoming hearing suggests a crucial step towards a resolution in this high-profile case.

“We can’t comment on the case, the date is set," he said. "The case will resolve itself at some point in the near future."