What happens to Arsenal, Liverpool and Manchester United IF Man City are stripped of Premier League titles?

Ever since reports emerged that Manchester City have been found guilty of all but one of the 115 charges brought against them by the Premier League over breaches of its financial regulations, the discussion has largely centred around a potential punishment.
The alleged FFP breaches are related to a period between the 2009-10 and 2017-18 seasons, when Man City won three Premier League titles, one FA Cup, three League Cups and one Community Shield.
A Man City spokesperson has since responded to such claims, insisting that the process remains “ongoing”, with “significant elements” still to be completed.
"As such Manchester City FC’s position remains consistent with the club’s statement of February 2023.
“The club has diligently respected due process for eight years on the basis the Premier League board and executive would behave as an independent, impartial and fair minded regulator, free from partisan influence.”

Manchester City have been found guilty on virtually all counts of breaching the Premier League's financial rules, according to reports
PA
The scenario of Man City being retrospectively stripped of the trophies won during the aforementioned period is the potential punishment that has certainly caught the attention of many Arsenal, Liverpool and Manchester United supporters on social media.
But what would each club win if they were handed the retrospective titles should Man City be stripped of their eight trophies? Standard Sport takes a look...
Arsenal
The Gunners would, however, get a League Cup after being demolished 3-0 by City in the 2017-18 final at Wembley.
Liverpool
The German, however, would be able to celebrate a League Cup after losing 2015-16 final on penalties to a Man City side then managed by Manuel Pellegrini.
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