Manchester City was suspended by Uefa from the UEFA club competitions for the next two seasons and fined € 30 m (£ 25 m) after they were found to have severely misleaded the governing body of European football and broken the rules on fair financial play.
UEFA handed down the penalty for violating the rules of Financial Fair Play to Premier League giants.
A statement read: “Having considered all the facts, the Adjudicatory Chamber found that Manchester City Football Club committed serious violations of the UEFA Club Licensing and Financial Fair Play Regulations by overestimating its sponsorship income in its accounts and in the break-even details submitted to UEFA between 2012 and 2016.”
The Adjudicatory Chamber levied disciplinary measures on Manchester City Football Club requiring that it be suspended from participating in UEFA club competitions in the next two seasons (i.e. the seasons 2020/21 and 2021/22) and paying a fine of € 30 million.’ The Adjudicatory Chamber’s decision is subject to appeal to the Court of Arbitration for Sport (CAS). Unless Manchester City Football Club exercises the right, then the Adjudicatory Chamber’s full reasoned judgment will not be released before the CAS issues the final award.
The club has the right to appeal this ruling to the Court of Arbitration for Sport as stated by the Adjudicatory Chamber. Consequently, UEFA will not comment further on this decision at this time. “Manchester City replied with a statement on its official website, expressing its dissatisfaction with the decision. However, the English side is not shocked by the suspension and claims UEFA had made the decision even before the investigation had started.
“Manchester City is disappointed but not surprised by the UEFA Adjudicatory Chamber’s announcement today,” the statement read. The Club has always expected the absolute need for an independent body and mechanism to recognize impartially the extensive body of irrefutable evidence in support of its stance.’ In December 2018, the UEFA Chief Prosecutor officially predicted the outcome and penalty it intended to deliver to Manchester City before any inquiry had even started.
The ensuing flawed and regularly leaked UEFA procedure he oversaw meant that the result he would produce had little uncertainty. The Club has officially lodged a complaint with the UEFA Disciplinary Body, a complaint upheld by a CAS ruling.
“Simply put, this is a case initiated by UEFA, pursued by UEFA and decided by UEFA. With this prejudicial procedure now over, the Club must seek an unbiased decision as soon as possible and will thus, at the earliest opportunity, begin proceedings with the Court of Arbitration for Sport”
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