They’re currently appealing it so currently no penalty has been issued, sadly

There’s a lot of speculation around what will happen though, some are saying relegation out of the football league (not just the premier League), big fines which could then be distributed to other teams. Some people are suggesting the titles could be stripped, but that’s currently unprecedented with a lot of pundits saying it’ll never happen. I’ve read that there’s a good chance the owners could end up banned from owning any club in the UK

It’s currently more delay for repercussions unfortunately