According to this news source, Pep could face jail time of up to 8 years because of his part in the fraudulent financial dealings during his time as the City Boss. The reports in this post I'm sharing, has stated that Guardiola knew that financial figures weren't compatible with City's actual financial earnings.
Cascadia Metals’ main supplier of galvanized steel was Stelco. As we’ve all recently learned, although Stelco is in Ontario, it is owned by American parent company Cleveland-Cliffs, whose CEO is a MAGA-supporting, tariff-supporting idiot.
Stelco started exporting steel slabs manufactured in ON, to the US. That in turn had crippled Stelco’s galvanized business, because its Hamilton plant had no inputs to make coated steel. They prioritized the American side of the company.