The Football Association have expressed their concern that the guilty charge aimed at Manchester City over the Premier League's financial rules stains the "integrity" of the game.
The FA's full statement read: "The Independent Commission's decision has significant implications for the integrity of the game. We are carefully considering the decision and its implications and will take action where appropriate.
"As proceedings between the Premier League and Manchester City Football Club remain ongoing, we do not intend to comment further at this stage. We will, however, continue to monitor developments closely."
Friday, Oct. 2 is the deadline for City to appeal the guilty verdict into their breaches of Premier League rules. They have stated that they intend to appeal.
The commission concluded more than £830 million ($1.1 bn) of such funding was used to inflate revenues and enable the club to comply with Premier League and UEFA financial rules through a series of "sham" arrangements.
At the heart of the club's appeal will be an insistence that government funding, provided via the Abu Dhabi Crown Prince Court (CPC), gave financial assistance to sponsors in the emirate to help them to fulfil their liabilities to City, rather than Sheikh Mansour's Abu Dhabi United Group (ADUG) company, which owns the club.
The 40-page core decision published on Tuesday shows the independent commission rejected the CPC explanation as "untrue" in its findings, adding: "We concluded that it was an 'explanation' that the club had concocted well after the event in an attempt to obscure and conceal the realities of the disguised funding scheme."
Prime Minister Andy Burnham told the BBC earlier this week that he would be concerned if City's owners sold the club due to the guilty verdict because they have been "a huge partner in the building of modern Manchester." But a No. 10 Downing Street spokesman afterwards: "As the Prime Minister made clear, the initial judgement is serious and there can't be any suggestion that anyone is above the rules.
"He also stressed that it is an ongoing independent process. It is essential that it is allowed to run its course and the outcome respected.
"If wrongdoing is established, those responsible should face the appropriate consequences."
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