Man City cheating 'hits Everton and Liverpool to the tune of £118.7m' as clubs await sanction

Liverpool and Everton missed out on a combined £118.7m as a result of Manchester City's rule breaches, according to a recent report from BBC Sport . The report claims that City gained a whopping £ 1.17bn, while the 35 teams that played in the top flight during the period of their cheating could have lost a combined £844m as a result. City were found guilty of orchestrating a scheme to artificially inflate revenues and reduce costs by nearly £1billion across a nine-season period by an independent commission.