Man City FFP Decision Delayed Until 2020 News

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Man City FFP Decision Delayed Until 2020

By Daily Sports on December 20, 2019

Manchester City are now set to wait until the new year to discover the outcome of UEFA's investigation into alleged breaches of Financial Fair Play (FFP) regulations.

The Premier League champions were referred to UEFA's financial watchdog, the Club Financial Control Body (CFCB), over allegations that they manipulated the value of sponsorship deals.

A meeting of the adjudicatory chamber of the CFCB was due in December but it was postponed and the panel is not expected to reconvene until late January, Goal has learned.

City, who deny any wrongdoing, could potentially face a ban from the Champions League if found guilty of wrongdoing.

The CFCB's investigatory chamber opened a probe into City in March following allegations that the club broke rules relating to FFP, published in articles by German outlet Der Spiegel , which drew upon documents purportedly obtained by whistleblowers Football Leaks.

When UEFA referred its case in May, the club said in a statement: “Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body.

“The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber.”

Last month, an appeal to the Court of Arbitration for Sport (CAS) against the charge was dismissed.

It ruled that the club could not appeal at this stage because an arbitration case can only be taken to CAS against an actual disciplinary or final decision of a sports governing body. (Goal)

•PHOTO: Man City players

Source Daily Sports

Posted December 20, 2019