On October 12, Liverpool legend Steven Gerrard appeared on the "Overlap Daily" interview show and discussed Manchester City's financial rule breaches.

Gerrard said: "Clearly this is an ongoing process, and it will take time to find out what happens next. It could become a trial, or a hearing, you can't know how long it will drag on.

What frustrates me, and what frustrates everyone: how much longer before we know if they're guilty or innocent?

As for the Man City players, I'm not targeting them personally, because they're all very talented players, and they've gone through that period, and they certainly deserve what they've achieved. I'm not the type of person who will sit here and say I would accept a Premier League medal, or want a medal that they have.

I've accepted the fact that I never won the Premier League, I've accepted that, and what happened to me at the end of that season (the slip).

I hear many Man City players and many Man City fans say: 'You can't take away those moments from us.' Not just me and the teams I played for; over the past decade, Tottenham fans, Manchester United fans, Everton fans, former Man City players, current players, as well as Man City owners and everyone involved with Man City, need to consider what memories they may have stolen from others—that's how I feel now.

On a personal level, it was a difficult year, and a cruel ending. It's not the fault of the Man City players, and I have complete respect for all the players who played for Man City, my teammates in the England national team at Man City, and their achievements. I will never disrespect them personally.

This isn't about Man City fans either, but they need to ask themselves whether their club is guilty or not, or when it will be found guilty. I know they'll say they're innocent, but I believe the truth will eventually come out. They need to consider the potential losses or missed memories for individuals, teams, and clubs.

I mean, if this were Liverpool and they had tainted the achievements of others, I couldn't speak to their owners anymore, even if you trusted them, because the owners say we didn't do anything wrong.

So if they're innocent, then fair enough.

In my opinion, both past and present, if something really happened, there needs to be appropriate punishment. What matters to me is I wouldn't want a Premier League medal acquired this way, because that feeling would be different, completely different. They were excellent at that time, and one of the toughest opponents was Man City, both individually and as a team. Playing against David Silva in particular was terrible; he's an exceptionally talented individual, and the team's coordination was excellent.

But you have to think, how were they able to become so strong so quickly? Think about teams that need to build gradually, like Brighton; it has to be a gradual process. You have to build step by step.

So within the framework of the rules, the way they became so strong, so quickly, and so dominant attracted everyone's attention.

A few weeks ago, the managers of Liverpool, Manchester United, and all the other teams competing with Man City discussed on their benches their squad depth, their contracts, and how they could sign so many expensive players while we could only sign a few.

This has been happening behind the scenes for a long time, but now they've been caught, and we'll see what the consequences are.

I don't want individual players to have to give everything back or anything; I won't accept anything. I've accepted my situation and my achievements, etc. But from the club's perspective, they need to be punished.

I read something about Juventus (the Calciopoli scandal), which was a different type of thing, like match-fixing, but they had titles stripped, and the punishment was very severe. It set an example for Italian football: you can't fix matches anymore, or you'll have titles stripped.

I don't know what the appropriate punishment should be. I've heard people say they should be relegated, but that wouldn't be fair to other teams, because they would certainly secure a promotion spot, which I don't think is fair.

That's my opinion. I think the Premier League should take further action and punish them for a period of time. I'm not saying that's the right view, but it's just my opinion.

I think they should face a transfer ban, forcing them to suffer the pain they've caused other teams. This is my view, and I believe the punishment needs to be a deterrent.

Yesterday I was in a VIP room, and I heard many foreign players talking about what Man City did. So this has had a global ripple effect, and it needs to be resolved quickly. Moreover, the penalties need to be severe to prevent such incidents from happening again."

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