Football: Is Manchester City in danger of facing severe sanctions?

Manchester City has been found guilty of 114 out of 115 financial violations by an independent Premier League commission. These infractions date back to the period between 2009 and 2018. The club, which has always denied the allegations, plans to appeal this decision. But what exactly are the charges against them? What are the risks for the Citizens in this case? Do they have a chance to avoid sanctions, as they did in 2020 when their two-year suspension from European competitions was overturned by the Court of Arbitration for Sport?