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Premier League CEO Richard Masters says a hearing into Manchester City's alleged financial breaches will be held in the 'near future.'

The reigning champions were hit with 115 charges of alleged financial breaches over an eight-year period last February.

City are alleged to have breached financial rules
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City are alleged to have breached financial rulesCredit: Getty

City launched a legal fight against the charges which have come during a spell in which they won three league titles.

An official date for the hearing is yet to be confirmed, although reports have suggested it will take place in autumn.

However, a resolution is not expected until the summer of 2025 at the earliest.

Rivals fans have been waiting to see when a hearing will take place, with Everton and Nottingham Forest recently deducted points for breaches.

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And as per the Daily Telegraph's Ben Rumsby, Premier League chief Masters says it will come in the 'near future', which is the closest indication of a formal time frame so far.

talkSPORT's Simon Jordan previously revealed his belief that the trial for City's charges won't be resolved until 2030.

“[The idea of an outcome in 2025 is] before you factor in any reality of an appeal which will almost inevitably follow if Manchester City were to fall foul of any verdict," the former Crystal Palace owner said.

“If that appeal did not come to any fruition they’ll probably take it to the Court of Arbitration for Sport," he added before saying: "The fact of the matter is it’s not going to be cleared up until I would imagine somewhere looking like 2030.”

Masters is said to have revealed that the hearing will come soon
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Masters is said to have revealed that the hearing will come soonCredit: Getty Images

Former City financial adviser Stefan Borson also told talkSPORT that they face the possibility of relegation, although this is unlikely.

Everton have been deducted a total of eight points this season for breaches of the Premier League's profit and sustainability rules.

Football finance expert Stefan Borson believes Manchester City will be relegated if found guilty of FFP charges but explains why it's unlikely

While awaiting their appeal for their first initial ten-point deduction, Toffees boss Sean Dyche was baffled as to why City's charges hadn't been addressed.

“Just like everyone else, we are all wondering what makes one rule for one and one rule for the other. I think that’s the only thing.

“I don’t know the ins and outs for every reason, but I think we are all asking that. The people in the street are asking: ‘Why is it particularly Everton?’

“I don’t know what the exact number is, but they reference over 100 charges [for City]. I don’t know the implications of that either. I don’t know the details of the charges but you go: ‘Well, we have one.’

“You just go with common sense, I’m not talking about the rules. I’m not questioning Man City or whether they’ve done stuff or not done stuff. The point is it is certainly a long time.

"That story has been going round for a while now about all these charges. I don’t know the variants of what the charges are.”

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Forest were deducted four points for breaching financial rules and are now at risk of relegation as a result.

Premier League clubs cannot lose more than £105million over a three-year period, with EFL sides given a lesser amount to comply with.

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