\n<\/p>\n
BBC Sport has spoken to a number of senior figures within the game in recent days who are concerned about the prospect of City qualifying for the Champions League next season.<\/p>\n
The feeling is that if City do not win their appeal and are therefore handed a strong sanction, then being allowed to compete alongside Europe’s elite, and receiving the financial rewards which come with it, would not be acceptable.<\/p>\n
The immediate issue surrounds the Uefa licence, which every club needs in order to play in Europe.<\/p>\n
One source said the issue of City’s licence “had been raised” and that a solution “would require the sort of joined up thinking that’s been a bit lacking so far”.<\/p>\n
The licences are issued by the Football Association, though the process itself is delegated to the Premier League.<\/p>\n
The licences are based upon current information which does not take into account sanctions or breaches related to historical offences.<\/p>\n
If a club fulfils all minimum criteria required for admission, the licence cannot be refused.<\/p>\n
The key reasons a club may fail relate to overdue payables to other teams, players or outstanding tax liabilities.<\/p>\n
Match-fixing convictions within the last 10 years, or an integrity conflict related to multi-club ownership, are considered but would not apply to City.<\/p>\n
A source added that “licences are awarded on the basis of current financial performance, so the grounds to refuse one are unclear”.<\/p>\n
If the verdict is upheld by the appeal board it is likely City will face severe sanctions, which could include heavy points deductions, a large fine and transfer embargoes.<\/p>\n
The sanctioning hearing, which will determine the level of punishment City must face, is yet to be scheduled.<\/p>\n
While a points deduction could rule City out of qualifying by league position, it might still be achieved through cup competitions.<\/p>\n
Expelling City from the Premier League immediately is also an option which remains on the table.<\/p>\n<\/div>\n