The khutbah must precede the prayer. Its proper format is two sermons with a sitting between, delivered standing and in purity. Omitting standing or purity is disliked without invalidation under the stated Hanafi ruling. This is separate from the different dispute about how much substantive remembrance qualifies as a khutbah at all.
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Validity, Sunnah form and dislike in the khutbah
Friday Prayer: Conditions, Khutbah, Congregation and Related Rulings
The khutbah must precede the prayer. Its proper format is two sermons with a sitting between, delivered standing and in purity. Omitting standing or purity is disliked without invalidation under the stated Hanafi ruling. This is separate from the different dispute about how much substantive remembrance qualifies as a khutbah at all.