I think the difference with Calcio is it called into question whether what you were watching was even real. They had to get heavy to restore any credibility, but of course they didn't really do anything to fix the issues. It's a bit the same now. Juve have likely been cheating for many years in a diseased league, and eventually it got so bad they got prosecuted by the actual authorities. But this seldom happens in the UK despite obvious white collar corruption all over the place. Indeed in Germany where Hoeness was prosecuted for his swiss bank accounts, including obvious corrupt bung from the CEO of Adidas, it had no fall out for Bayern at all. The EPL is essentially just a thin entity that runs football for a cartel of powerful clubs. This feels more like a situation where the other owners have finally lost patience with City's cheating, especially because it just costs them too much money. I suspect this is a warning more than anything - but it will trash the last 10 years of competition. United fans already asterisk all of Cities titles and I think this makes it 'official'