German newspaper Der Spiegel had previously accused City of paying a "significant portion" of Mancini's compensation "by way of a fictitious consultancy contract".
It alleged that Mancini was paid more by City for his role as a consultant to Abu Dhabi club Al Jazira than he was getting from his role as City manager, excluding bonuses and incentives.
On Friday it emerged that an independent panel had [found City guilty of all but one count of charges](/sport/football/articles/cw7v44ezry5go) brought against them by the Premier League, although sanctions have yet to be determined.
The Premier League declined to comment, while City released a statement saying the "Premier League process remains ongoing with significant elements to be completed, and subject to strict confidentiality".
It added: "The club has diligently respected due process for eight years on the basis that the Premier League board and executive would behave as an independent, impartial and fair-minded regulator, free from partisan influence."
Other Premier League clubs are believed to have been informed about the decision and [have sought legal advice](/sport/football/articles/cr89jjwy4nqpo) over possible compensation claims.
City were charged with more than 100 breaches of the Premier League's financial rules following a four-year investigation in February 2023.
The club was referred to an independent commission. A behind-closed-doors hearing began in September 2024 and ran for about 12 weeks.