These are actually different leagues.
But the biggest threat to the City is justice
A decision on their cheating will be made in 2025, hopefully before the end of the season.
It can't be denied that Manchester City is a big club and the advantage the EPL has when Manchester City is in the competition is obviously huge so in this case I honestly doubt the charges will end with a tragic end for Manchester City just like some other clubs last season like Everton or Nottingham Forrest.
On the other hand for betting it seems reasonable especially for next season clubs like Liverpool, Chelsea and maybe even Manchester United will experience a transition with a new coach so it will be difficult to predict their performance will be immediately good with a new coach at the start of the season.
On the one hand, City has become a big brand and they were even able to win the Champions League once, but on the other hand, the presence of cheaters in the competition harms other clubs - the Premier League has literally turned into a farmers' league. Taking into account the fact that the league itself is now fighting against the City (one might say a collection of businessmen who suffered from an unscrupulous competitor), there is hope that justice will prevail.