Manchester City's hearing for their 115 financial charges will take place in the "near future," according to Premier League chief Richard Masters.

It was announced in February 2023 that City had been charged with 115 separate alleged breaches of the Premier League's Financial Fair Play (FFP) regulations dating back to 2009 and running until 2018. City strongly deny the charges.

"Manchester City FC is surprised by the issuing of these alleged breaches of the Premier League Rules, particularly given the extensive engagement and vast amount of detailed materials that the EPL has been provided with," the club said in a statement when the chargers were announced last year.

"The club welcomes the review of this matter by an independent commission, to impartially consider the comprehensive body of irrefutable evidence that exists in support of its position. As such we look forward to this matter being put to rest once and for all."

And speaking at a European Leagues press conference in London on Friday, Masters has indicated that the hearing into City's case will take place in the "near future." No date was given by the Premier League CEO.

He said: "We can't comment on the case, the date is set. The case will resolve itself at some point in the near future." City's historical charges make them much more complex than the recent cases involving Nottingham Forest and Everton.

Masters explained at a select committee back in January, the key differences with the likes of Nottingham Forest and Everton, who have both had points deductions this seasoon. "They are very different charges. If any club, whether they are the current champions or otherwise, had been found in breach of the spending rules for year '23, they would be in exactly the same position as Everton or Nottingham Forest," he said.

"The volume and character of the charges laid before Man City, which I cannot talk about at all, are being heard in a completely different environment. There is a date set for that proceeding."

If found guilty City could be deducted points, handed out massive fines, or even stripped of titles, it is thought. Liverpool have been competing with City at the top of the Premier League for much of the past seven years in a direct battle with Pep Guardiola's side.