Manchester City banned from Champions League for next two seasons over breach of Financial Fair Play rules
- Manchester City banned from the Champions League for the next two seasons
- Premier League club deemed by UEFA to have broken Financial Fair Play rules
- City were found guilty of having falsely inflated their sponsorship revenues
- The decision is subject to appeal, with City having also been fined €30million
UEFA have banned Manchester City from the Champions League for the next two seasons.
The Premier League champions have also been fined 30 million euros for what European football’s governing body say are ‘serious breaches’ of their club licensing and Financial Fair Play regulations which they committed by ‘overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016’.
In a stunning move, Uefa also said City failed to co-operate with an investigation into the matter launched by its Club Financial Control Body.
Manchester City have been banned from the Champions League for the next two seasons
Uefa launched a probe after documents obtained by a hacker and published in German media suggested the club had falsely inflated sponsorship deals with firms with firms linked to their Abu Dhabi ownership in an alleged attempt to circumvent Uefa’s FFP rules. City, who can appeal to the Court of Arbitration for Sport, have always denied the allegations. A statement is due from the club later tonight.
The Uefa statement added: ‘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) and pay a fine of €30 million.’