In February, UEFA sentenced a fine of €30 million (£25 million/$33 million) to the Premier League champions for violating the Financial Fair Play rules.
CAS will hear Man City’s appeal on June 8-10
The appeal of Manchester City against the club’s two-year ban on European football access will be considered by the Court of Arbitration for Sports on June 8-10. In February, UEFA sentenced a fine of €30 million (£25 million/$33 million) to the Premier League champions for violating the Financial Fair Play rules. The UEFA Club Financial Supervisory Authority (CFCB) has convicted Man City of “overstating its sponsorship revenue” between 2012 and 2016 to comply with breakeven rules. The governing body of European football launched an investigation. After the German magazine, Der Spiegel published a series of allegations in November 2018. It relied on documents allegedly received by Football Leaks whistleblowers.
All the money was always “Properly declared”
Man City vehemently denies the allegations and accuses UEFA of making its decision even before the investigation begins. They also promised to appeal the decision “as soon as possible”. while the CEO Ferran Soriano insisted that all the money put into the club was always “properly declared”. CAS confirmed that it filed the Manchester City appeal on February 26. Less than two weeks after the ban was issued. The appeal process usually involves the exchange of written submissions between the parties. With the panel of arbitrators of the CAS discussing this issue at a hearing before making its decision in the form of an arbitral award.
Pep Guardiola said that he will stay at Man City
Having scheduled the hearings at the beginning of June. CAS must provide a decision on the fate of the City. Before the planned resumption of the Premier League after the coronavirus shutdown. Tentatively compiled on June 12, that is, there are no complications regarding qualifications for European competitions next season. Currently, Pep Guardiola’s side is second in the Premier League. If their ban is upheld and the table remains the same. Then it will be the rivals of Manchester United, who are currently in fifth place. Who directly benefit by claiming the Championship at the expense of City. This decision is likely to also be of great importance for the club’s ability. To sign up new players during the summer, as well as futures for existing stars.
Guardiola has already suggested that he intends to stay at the Etihad Stadium regardless of the appeal of the ban. Still, midfielder Kevin De Bruyne says that taking the prospect of two years from Europe would be difficult.