Manchester City has been found guilty of all charges related to financial rule breaches by the Premier League. The club has issued a statement, but the chief executive has declined to comment on questions about whether the club will apologise to football fans. The Premier League is shaken by the revelation, with other leagues and sports media watching the situation closely. Manchester City has been criticized for showing 'utter disregard' for its own fans in an 'ugly betrayal'. The A-Leagues have expressed caution, monitoring the unfolding events.