Manchester City has been slammed a two-season ban from all European competitions over a “serious financial fair-play breaches”, UEFA announced 14, Feb. 2020. The Premier League title defenders who were also fined 30 million euros ($32.5 million), said they were appealing the suspension to the Court of Arbitration for Sport (CAS).
The club announced after the news was released, “Manchester City is disappointed but not surprised by today’s announcement by the UEFA Adjudicatory Chamber.
“The… flawed and consistently leaked UEFA process he (the UEFA chief investigator) oversaw has meant that there was little doubt in the result that he would deliver…
“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 judgment as quickly as possible” at Court of Arbitration for Sport.
Announcing the ban a UEFA statement states, “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 (ie. the 2020/21 and 2021/22 seasons).”
European football’s governing body alleged that Manchester City “refused to cooperate in the investigation.”
“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,” European football’s governing body said.
Manchester City lost a previous appeal to CAS over UEFA’s original decision to refer them to its adjudicatory chamber over the alleged Financial Fair Play violations.
Manchester City was being investigated over leaked emails that were published last year by German magazine Der Spiegel as part of “Football Leaks”.
The Pep Guardiola’s side is currently the second on the Premier League table, which means that the fourth Champions League slot available for English teams would likely go to the fifth-placed club this term.
This follows a similar Financial Fair Play violation by Manchester City which took place in 2014 and resulted to a fine of 60 million euros and saw their Champions League squad reduced.
Other clubs that have been hit by the same Financial Fair Play violation includes, Qatari-owned Paris Saint-Germain and Seven-time European champions AC Milan, who were banned from this season’s Europa League.