Man City Banned From All UEFA Competitions For Next Two Seasons

February 14, 2020
72 Views

Manchester City have been banned from all UEFA competitions for the next two seasons and fined £24.9m for “serious breaches” of UEFA’s Financial Fair Play and club licensing regulations.

An Adjudicatory Chamber of the Club Financial Control Body (CFCB) found the Premier League champions guilty of serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations.

In a statement, UEFA said City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.

Man City say they are “disappointed but not surprised” by the verdict, describing the process as “prejudicial”, and will take the case to Court of Arbitration for Sport.

Read Also: Akwuegbu: Yobo’s Super Eagles Job Well Deserved

They released a statement, reading: “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.”

4 Secrets To Becoming Rich – How To Get Rich From Nothing: This ebook is a must read for anyone serious about exiting the rate race…. Copyright © 2020 Completesports.com All rights reserved. The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.

You may be interested

How troops wiped out ISWAP terrorists in Borno
News
5 views
News
5 views

How troops wiped out ISWAP terrorists in Borno

Webby - June 21, 2021

The Nigerian Air Force (NAF) on Sunday disclosed that joint operations between the ground and the air troops led to…

News
5 views

Vicious ISWAP commander killed in airstrike

Webby - June 21, 2021

[unable to retrieve full-text content]

Outlawed Yansakai Killing/Maiming People In Zamfara State
News
News

Outlawed Yansakai Killing/Maiming People In Zamfara State

Webby - June 20, 2021

/* custom css */ .tdi_59.td-a-rec{ text-align: center; }.tdi_59 .td-element-style{ z-index: -1; }.tdi_59.td-a-rec-img{ text-align: left; }.tdi_59.td-a-rec-img img{ margin: 0 auto 0…

Leave a Comment

Your email address will not be published.