UEFA: Manchester City Banned From UEFA Competitions For Two Seasons

UEFA: Manchester City Banned From UEFA Competitions For Two Seasons

Manchester City have been banned from all UEFA competitions for the next two seasons, Diamond Hub 101 reports.

This ruling was made by the Adjudicatory Chamber of the Club Financial Control Body (CFCB) as the club was found guilty of serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations.

UEFA said the Premier League Champions overstated their sponsorship revenue in their accounts and in the break-even information submitted to UEFA between 2012 and 2016.

According to Cheer On Nigeria, Manchester City has expressed disappointment but said they were not surprised by the verdict and will be taking the case to Court of Arbitration for Sport...

Manchester City is disappointed but not surprised by today’s announcement by the UEFA Adjudicatory Chamber. The club has always anticipated the ultimate need to seek out an independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position. In December 2018, the UEFA Chief Investigator publicly previewed the outcome and sanction he intended to be delivered to Manchester City, before any investigation had even begun. The subsequent flawed and consistently leaked UEFA process he oversaw has meant that there was little doubt in the result that he would deliver. The club has formally complained to the UEFA Disciplinary body, a complaint which was validated by a CAS ruling. Simply put, this is a case initiated by UEFA, prosecuted by UEFA and judged by UEFA. With this prejudicial process now over, the club will pursue an impartial judgement as quickly as possible and will therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.

The club was also fined £24.9m for the serious breaches.

No comments

Powered by Blogger.