Unlike the nervous wait for other clubs across the Premier League - notably Chelsea and Manchester United - there was little for Manchester City to worry about on Tuesday morning. When the Premier League made it clear that no new financial charges had been issued, nothing changed at the Etihad Stadium.

City have the highest revenue in the division once again. They recorded a club-high turnover of £715million for the 2023/24 reporting period and ensured that there was no risk of falling foul to the now much-maligned profitability and sustainability rules (PSRs).

At a time whereby the league has tried to show its teeth - docking both Everton and Nottingham Forest points last season - City are in the clear. It is only one part of a wider battle for Pep Guardiola's side, though.

READ MORE: 'Why should we?' - Erling Haaland delivers bullish Man City verdict amid turnaround

READ MORE: Pep Guardiola gives fresh timeline on Oscar Bobb return for Man City

In the backdrop, City remain accused of over 115 breaches of more financial regulations. The much-publicised legal hearing ended before Christmas with an official outcome expected in the near future.

The potential punishments, if City are found to be guilty - a matter they refute vehemently - could be a lot worse than just losing six points. They are innocent until proven otherwise, though, and the methods of determining if they did indeed cheat over a decade between 2008 and 2018 are a lot more complex than calculating PSR thresholds.

Clubs are allowed to lose a maximum of £105million across a rolling three-year period under current legislation. City were never in any danger of going over that line due to their on-field success, commercial drive, and player trading.

The league also deducts certain costs, including investments into the academy, women's team, and community arms of the club. City know that the real fight, and the one with much bigger consequences, is still undecided.

Here, the Manchester Evening News has the full list of charges leveraged against City.

1. In respect of each of Seasons 2009/10 to 2017/18 inclusive, the Premier League Rules applicable in those seasons that required provision by a member club to the Premier League, in the utmost good faith, of accurate financial information that gives a true and fair view of the club’s financial position, in particular with respect to its revenue (including sponsorship revenue), its related parties and its operating costs, namely:

(a) for Season 2009/10, Premier League Rules B.13, C.71, C.72, C.75 (amended to C.79 from 10 September 2009 for the remainder of Season 2009/10) and C.80;

(b) for Season 2010/11, Premier League Rules B.13, C.78, C.79, C.86 and C.87;

(c) for Season 2011/12, Premier League Rules B.13, E.3, 4, E.11 and E.12;

(d) for Season 2012/13, Premier League Rules 16, E.3, E.4, E.11 and E.12;

(e) for Season 2013/14, Premier League Rules 15, E.3, E.4, E.11, E.12 and E.49;

(f) for Season 2014/15, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;

(g) for Season 2015/16, Premier League Rules 16, E.3, E.4, E.11, E.12 and E.50;

(h) for Season 2016/17, Premier League Rules16, E.3, E.4, E.11, E.12 and E.51; and

(i) for Season 2017/18, Premier League Rules B.16, 3, E.4, E.11, E.12 and E.51.

2. In respect of:

(a) each of Seasons 2009/10 to 2012/13 inclusive, the Premier League Rules applicable in those Seasons requiring a member club to include full details of manager remuneration in its relevant contracts with its manager, namely:

(1) for Seasons 2009/10 to 2011/12 inclusive, Premier League Rules Q.7 and Q.8; and

(2) for Season 2012/13, Premier League Rules P.7 and P.8; and

(b) each of Seasons 2010/11 to 2015/16 inclusive, the Premier League Rules applicable in those Seasons requiring a member club to include full details of player remuneration in its relevant contracts with its players, namely:

(1) for Seasons 2010/11 and 2011/12, Premier League Rules K.12 and K.20;

(2) for Season 2012/13, Premier League Rules T.12 and T.20;

(3) for Seasons 2013/14 and 2014/15, Premier League Rules T.12 and T.19; and

(4) for Season 2015/16, Premier League Rules T.13 and T.20.

3. In respect of each of Seasons 2013/14 to 2017/18 inclusive, the Premier League Rules applicable in those Seasons requiring a member club to comply with UEFA’s regulations, including UEFA’s Club Licensing and Financial Fair Play Regulations, namely:

(a) for Season 2013/14, Premier League Rule B.14.6; and

(b) for Seasons 2014/15 to 2017/18 inclusive, Premier League Rule B.15.6.

4. In respect of each of the Seasons 2015/16 to 2017/18 inclusive, the Premier League Rules applicable in those Seasons on Profitability and Sustainability, namely:

(a) for Season 2015/16, Premier League Rules E.52 to E.60; and

(b) for Seasons 2016/17 and 2017/18, Premier League Rules E.53 to E.60.

5. In respect of the period from December 2018 to date, the Premier League Rules applicable in the relevant Seasons requiring a member club to cooperate with, and assist, the Premier League in its investigations, including by providing documents and information to the Premier League in the utmost good faith, namely:

(a) for Season 2018/19, Premier League Rules B.16, B.19, W.1, W.2, W.12 and W.13;

(b) for Season 2019/20, Premier League Rules B.16, B.19, W.1, W.2, W.12 and W.13;

(c) for Season 2020/21, Premier League Rules B.16, B.19, W.1, W.2, W.12 and W.13;

(d) for Season 2021/22, Premier League Rules B.15, B.18, W.1, W.2, W.15 and W.16; and

(e) for Season 2022/23, Premier League Rules B.15, B.18, W.1, W.2, W.15 and W.16. Commissions are independent of the Premier League and member clubs. The members of the Commission will be appointed by the independent Chair of the Premier League Judicial Panel, in accordance with Premier League Rules W.19, W.20 and W.26.

The proceedings before the Commission will, in accordance with Premier League Rule W.82, be confidential and heard in private. Under Premier League Rule W.82.2, the Commission’s final award will be published on the Premier League’s website.

This confirmation is made in accordance with Premier League Rule W.82.1. The Premier League will be making no further comment in respect of this matter until further notice.