This market will resolve to "Yes" if UEFA opens a formal investigation or disciplinary proceedings into Manchester City FC concerning the club's compliance with financial rules by May 30, 2027, 11:59 PM ET. Otherwise, this market will resolve to "No". An investigation or proceedings opened by any UEFA body, including the Club Financial Control Body or the Control, Ethics and Disciplinary Body, will count, including one arising from the Premier League's proceedings against Manchester City FC announced on February 6, 2023 (commonly referred to as the "115 charges" case). Statements that UEFA is monitoring or reviewing the case, or intends to investigate, will not count until a formal investigation or proceedings are opened. Investigations into unrelated matters, such as supporter conduct or match incidents, will not count. The resolution source for this market will be official information from UEFA or Manchester City FC; however, a consensus of credible reporting may also be used.