Manchester City have been found guilty of 114 of the 115 Premier League financial charges against them, so let’s take a look at how Tottenham Hotspur could be affected by the verdict.The Athletic’s David Ornstein broke the news earlier today that Manchester City have been found guilty on 114 of the 115 charges relating to breaches of the Premier League’s financial regulations, three years after the club was first charged.The sanctions have not yet been decided, with the Premier League rulebook allowing a wide range of potential punishments – including fines, points deductions and, in extreme circumstances, expulsion from the Premier League. There is, however, no fixed sanction for financial rule breaches, meaning the eventual punishment will depend on the commission’s decision.The other 19 Premier League clubs have reportedly been informed of the guilty verdict, while City, who have maintained their denial of wrongdoing throughout the case, are expected to appeal.Regardless of what happens next, the verdict could have wider consequences for several clubs who competed against Manchester City during the period covered by the charges. The Athletic have reported that any points deduction could potentially be applied retrospectively, raising the prospect of City being stripped of titles.And Tottenham are one of the clubs who could potentially be affected…Photo by CARL RECINE/POOL/AFP via Getty ImagesDo Tottenham deserve significant compensation?The charges against Manchester City cover a nine-year period – 2009 to 2018. During that time, they won seven major honours: three Premier League titles, one FA Cup and three Carabao Cups. If the 2012 Community Shield is included, that rises to eight.Those successes could also have their own domino effect, given other teams competed for those titles and European places during the same period. Those who missed out could therefore seek compensation from Man City, which, as Ornstein recently confirmed, several clubs are already working on.In fact, in November 2024, Tottenham were among the clubs that filed legal notices over potential compensation claims against Man City – alongside Manchester United, Liverpool, and Arsenal – hoping to recover lost income from missed league titles and European qualification if the charges were proven.The clubs had to act before the 6-year statute of limitations (the deadline for bringing a legal claim) expired, considering allegations of Manchester City’s rule-breaking first emerged in November 2018.According to The Telegraph, the commission can order a club – Man City in this case – to pay an “unlimited” amount to a competitor and can also direct a further hearing to determine the value of the compensation.Tottenham do have a particular reason to look at what they may have missed out on. Between the 2009/10 and 2017/18 seasons, Spurs finished fifth three times, missing out on Champions League qualification by just one spot. And Man City finished above them in all three of those seasons: 2010/11, 2012/13 and 2014/15.So how much could that have cost Tottenham?The numbers show how much Tottenham may have missed out onFinishing fifth in 2010/11 meant Tottenham entered the Europa League the following season – 2011/12. They didn’t make it past the group stages, and according to UEFA’s official distribution figures, Spurs received €3,259,000 from their 2011/12 Europa League campaign.But what would the numbers have looked like if Tottenham were a Champions League team that season?We will never know, but they would have definitely made far more. To put that into perspective, the Premier League clubs in the 2011/12 Champions League received:Chelsea (winners): €62,947,000 Manchester United (group stages): €36,949,000 Arsenal (ro16): €29,639,000 Manchester City (group stages): €27,858,000 The same trend continued in 2013/14, when Tottenham made only €5,939,592 from the Europa League after reaching the round of 16, while The Champions League money received by the English clubs that season was:Man United (qf): €44,775,000 Chelsea (sf): €43,391,000 ManCity (ro16): €35,402,000 Arsenal (ro16): €27,232,000 Then came 2015/16, when Spurs received €20,885,000 after reaching the Europa League round of 16, but that was still incomparable to what their English colleagues made in the Champions League that year.Man City (sf): €83,853,000 Chelsea (ro16): €69,174,000 Arsenal (ro16): €53,423,000 Man United (group stages): €38,130,000 The numbers above show that even teams eliminated in the group stages of the Champions League made significantly more from UEFA’s distribution than Tottenham did from the Europa League’s advanced rounds in those seasons.And it is very much worth noting – those figures only represent UEFA’s distribution payments and not the total revenue a club earned from the Champions League. Higher matchday stadium revenue, broadcasting income, sponsorship deals and the wider commercial benefits of being a Champions League club would only add to what Tottenham missed out on.That is why the north London club are well within their rights to seek compensation – potentially a sizeable one.Could Tottenham be awarded the 2020/21 Carabao Cup?That brings us to the biggest question for Spurs fans following today’s verdict: could Tottenham be awarded the 2020/21 Carabao Cup, which they lost 1-0 to Manchester City in the final?Ornstein’s reporting that a points deduction could be applied retrospectively has naturally raised the question over whether trophies could also be redistributed. However, that is by no means a guarantee.James Hill, a legal director specialising in sports regulatory matters at Onside Law, told the Athletic: “I would expect that if there is a points deduction, it would be applied going forward. “Generally, panels don’t like deciding titles in a court process. Doing it that way does not give a real tangible punishment to the club.”Unfortunately for Tottenham, whatever is decided with regards to trophies, the 2021 Carabao Cup falls outside of the 2009 to 2018 breach window anyway. Therefore, it doesn’t look like any retrospective trophies will be coming to N17.READ MORE: The Tottenham trend Roberto De Zerbi will be desperate to end against Man Utd – Spurs WebThe post How Manchester City’s 114 breaches may have cost Tottenham over £100m appeared first on Spurs Web.