UEFA Hands Manchester City A Two Year Ban And 24.9m Fine
English Premier League champions Manchester City have received a two year ban from all UEFA competitions and have been fined £24.9m for “serious breaches” of financial fair Play Regulations.
The Club was found guilty of serious breaches of UEFA Club licensing and financial fair Play regulations as put out by An Adjudicatory Chamber of the Club Financial Control Body (CFCB) and confirmed by a statement released by UEFA after the announcement.
“overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
The body in charge of the investigation ,Club Financial Control Body (CFCB) also found Manchester City guilty of failing to cooperates during in the investigation.
After news broke of their predicament, Manchester City released a statement stating clearly , they weren’t surprised by the announcement but were “disappointed”, pointing to their efforts to get an external body to seek out an external body to investigate the accusations.
“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.,z
“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.
City believe that this verdict is basically due to the fact that everything is been carried out by the Union of European Football Associations (UEFA) which also tabled the allegation in the first place. However, the club will continue their search for an external body to properly investigate the case.
“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.”
If the verdict is upheld by CAS, Manchester City will not participate in the UEFA Champions League or the Europa League next season even if they finish in the top four and that will give an opportunity for the team that finished fifth on the Premier League table. A position currently held by Sheffield United.
UEFA rule 4.08 states: “A club which is not admitted to the competition is replaced by the next best-placed club in the top domestic championship of the same association, provided the new club fulfils the admission criteria. In this case, the access list (see Annex A) is adjusted accordingly.”
are currently fifth on the Premier League table with 39 points, two points ahead of sixth place Tottenham Hotspur
,who presently have a game at hand.