Manchester City To Appeal 2-year UEFA Competition Ban For FFP Violations News

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Manchester City To Appeal 2-year UEFA Competition Ban For FFP Violations

By Daily Sports on February 16, 2020

Manchester City will appeal UEFA's decision to ban the club for two seasons from European competition – including the Champions League – after the governing body found them guilty of breaching financial fair play rules.

UEFA announced on Friday that the reigning Premier League champions will be excluded from the Champions League for the 2020-21 and 2021-22 campaigns and have also been fined €30 million ($33 million) for “overstating its sponsorship revenue in its accounts” and failing “to cooperate in the investigation,” according to findings by the UEFA Adjudicatory Chamber.

In response, City said they were “disappointed but not surprised” by the ruling and gave notice of their intention to lodge an appeal at the Court of Arbitration for Sport.

Sources have told ESPN that City believe UEFA’s process has been flawed and that they remain confident they will be cleared of any wrongdoing once their appeal is heard by an independent body. Sources have told ESPN that, until then, the club will go about their business “as usual”.

Meanwhile, a source told ESPN’s Rodrigo Faez that Manchester City manager Pep Guardiola is worried how the ban could affect his players but that he will remain at the club “as long as he is happy.”

A UEFA statement issued on Friday night partly read: “The Adjudicatory Chamber, having considered all the evidence, has found that Manchester City Football Club committed serious breaches of the UEFA Club Licensing and 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 [chamber’s Club Financial Control Body].

“The Adjudicatory Chamber has imposed disciplinary measures on Manchester City Football Club directing that it shall be excluded from participation in UEFA club competitions in the next two seasons [i.e. the 2020/21 and 2021/22 seasons] and pay a fine of €30 million.” (ESPN)

•PHOTO: Man City players

Source Daily Sports

Posted February 16, 2020