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The severity of the ban from both of Uefa’s elite club competitions and the scale of the fine reflect how seriously Uefa’s FFP compliance bodies consider the club to have breached the rules and code of conduct.City responded immediately with a characteristically forthright statement, alleging that the process was “prejudicial” and stating that they will immediately appeal to the court of arbitration for sport (Cas).
real-world solutions, and more. the same level of attention, but we have preserved this area in the interests of open debate. {{#sender.isSelf}} MANCHESTER CITY have been banned from the Champions League for two years and hit with a £25million fine by Uefa. European football’s governing body had banned City from European competition for two years for what they alleged were significant breaches of their Financial Fair Play regulationsEuropean football’s governing body had banned City from European competition for two years for what they alleged were significant breaches of their Financial Fair Play regulations.City appealed their case and on Monday CAS found in their favour overturning the suspension and reducing the fine to €10million.“Uefa takes note of the decision taken by the Court of Arbitration for Sport to reduce the sanction imposed on Manchester City FC by Uefa’s independent Club Financial Control Body for alleged breaches of the Uefa Club Licensing and Financial Fair Play regulations,” they said in a statement.“Uefa notes that the CAS panel found that there was insufficient conclusive evidence to uphold all of the CFCB’s conclusions in this specific case and that many of the alleged breaches were time-barred due to the five-year time period foreseen in the Uefa regulations.“Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and Uefa and ECA remain committed to its principles.“Uefa will be making no further comments on the matter.”Uefa’s CFCB said City had overstated sponsorship revenue in their accounts and in the break-even information submitted between 2012 and 2016, and for failing to co-operate with its investigation.City immediately signalled their intention to appeal, and CAS has now cleared them to compete in the Champions League next season.City issued a statement welcoming “the implications” of the ruling.The statement read: “Whilst Manchester City and its legal advisors are yet to review the full ruling by the Court of Arbitration for Sport (CAS), the club welcomes the implications of today’s ruling as a validation of the club’s position and the body of evidence that it was able to present.“The club wishes to thank the panel members for their diligence and the due process that they administered.”CAS found that City had not disguised equity funding as sponsorship, but did say they had failed to co-operate with the CFCB’s investigation.City’s appeal against the two-year ban was heard last month, and the outcome will be seen by the club as a vindication of their position since the beginning.CAS found that most of the alleged breaches were either not established or were time-barred.Enter your email to follow new comments on this article.Are you sure you want to mark this comment as inappropriate?Want to discuss real-world problems, be involved in the most engaging discussions and hear from the journalists?
Manchester City have been banned from the Champions League for two seasons, from 2020-21, and fined €30m by Uefa ... Premier League's fifth place in line for Champions League spot after City ban. Manchester City have successfully overturned their two-year ban from European club competitions.
Manchester City to play in Champions League next season after European ban overturned Man City to pay €10m (£8.96m) fine to UEFA; Man City: … try again, the name must be uniquePlease Please {{#replies}} One of the leaked emails suggested that only £8m of that sponsorship in 2015-16 was funded directly by Etihad and the rest was coming from Mansour’s own company vehicle for the ownership of City, the Abu Dhabi United Group.“Simply put, this is a case initiated by Uefa, prosecuted by Uefa and judged by Uefa said in its statement: “The Adjudicatory Chamber, having considered all the evidence, has found that Manchester City committed serious breaches of the Uefa Financial Fair Play Regulations by overstating its sponsorship revenue in its accounts and in the break-even information submitted to Uefa between 2012 and 2016.“The Adjudicatory Chamber has also found that in breach of the regulations the club failed to cooperate in the investigation of this case by the CFCB.”FFP, introduced in 2011 with the aim of encouraging football clubs across Europe not to overspend on players’ wages, restricts the amount club owners can put in to cover losses. You can also choose to be emailed when someone replies It allows our most engaged readers to debate the big issues, share their own experiences, discuss There are no Independent Premium comments yet - be the first to add your thoughts The Citizens have been found guilty of … {{#sender.isSelf}} try again, the name must be unique
try again, the name must be uniquePlease Spiegel anonymised its source as “John”, who was quoted as saying he had not hacked computers to obtain the emails.Shortly after their publication, he was identified as a Portuguese national, When City were charged last May, they said that they had been subjected to a “hostile” process which ignored “a comprehensive body of irrefutable evidence”.
European football’s governing body had banned City from European … Manchester City’s attempt to overturn their two-year Champions League ban will be either upheld or thrown out at the Court of Arbitration for Sport (CAS) today. © 2020 Guardian News & Media Limited or its affiliated companies.