Claudius It's an interesting one. The league has a lot of discretion with its penalties as I understand it.
They might not implement a points deduction because it would only affect the result of this season, rather than seasons during the period of the alleged malfeasance.
A purely financial penalty wouldn't go down well either, as it's meaningless to City's owners and doesn't reflect fairness in the sport itself.
And if they don't clamp down at all, they'll look feeble to the other fraud-inclined clubs around.
The league administration has overall fucked itself by letting things get this far. Might mean a decision about as good as those we get from the VAR system.