City were found guilty of serious financial breaches by an independent commission on Tuesday, though the club have denied wrongdoing and are expected to appeal, with sanctions yet to be determined.
The 59-year-old, whose Liverpool side twice finished a point behind City, had previously joked that he would attend a parade if Liverpool were retrospectively awarded titles but said he no longer felt that way.
"I haven't given it much thought, even though I've seen it of course," Klopp told reporters on Wednesday.
"I also know what I said about it in the past and how if there's ever a parade I'll be there, but it doesn't feel like that anymore.
"My respect for Pep Guardiola and the football played at City during the time we played against each other... plus what an opponent they proved to be for us at the very highest level is far too great for me to be able to say anything now."
Klopp, who led Liverpool to the Premier League and Champions League titles during his nine-year spell at Anfield before departing in 2024, said he remained comfortable with the club's achievements regardless of any future developments in the City case.
The German added that he would rather allow the process to run its course than speculate about the potential consequences for City.
Manchester City's financial scandal
Manchester City were found guilty by the Premier League on September 29th of all charges relating to serious breaches of the league's financial rules over nine seasons from 2009 to 2018, as well as the majority of charges concerning their failure to co-operate with the probe.
City were originally charged in February 2023 following a four-year investigation into the breaches. The club have consistently denied any wrongdoing and have announced their intent to appeal.
