Pep Guardiola: We’ll win the Champions League soon! UEFA ban Manchester City from the Champions League for two years. UEFA Announce that Manchester City has been banned from the Champions League for two seasons & fined €30 million for breaching financial fair play rules.
Manchester City committed a serious breaches
UEFA bans Manchester City because of serious financial violations. UEFA has sentenced a fine of € 30 million (£ 25 million / $ 33 million). To the Premier League giants for violating the rules of the Financial Fair Play. The statement read: “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 the break-even information submitted to UEFA between 2012 and 2016.”The Trial Chamber also found that, in violation of the regulations. The Club did not cooperate with the CFCB in the investigation of this case.
The Man City must pay a fine of € 30 million
The Trial Chamber has disciplined the Manchester City Football Club by ordering it to be excluded from UEFA. The club competitions in the next two seasons (i.e., 2020/21 and 2021/22 seasons) and pay a forfeit of € 30 million.”The decision of the Trial Chamber is subject to appeal to the Court of Arbitration for Sports (CAS). If the Manchester City Football Club fulfills this right. The full reasoned decision of the Trial Chamber will not be published until the final decision of the CAS is released.”As the Trial Chamber noted, the Club has the right to appeal this decision to the Arbitration Court for Sports. Therefore, UEFA will not comment further on this decision at this stage.”
Man City is upset
Manchester City responded with a statement on its official website. Expressing disappointment with this decision. But the English side is not surprised by the removal. Says that UEFA made this decision even before the investigation began.”Manchester City is upset, but not surprised, by today’s statement by the UEFA Trial Chamber.”The statement said. In December 2018, the UEFA Chief Investigator publicly analyzed the results of the investigation. So the sanctions that he intended to deliver to Manchester City before any investigation began. The subsequent erroneous and consistently leaking UEFA process. Which he oversaw, meant that as a result, there was little doubt that he would deliver.
Decision of CAS
The Club has officially filed a complaint with the UEFA disciplinary body. Which confirmed by a decision of the CAS.”Put, this is a case initiated by UEFA, prosecuted by UEFA and judged by UEFA. In connection with the completion of this disastrous process, the Club will take an impartial decision as soon as possible and therefore, will start the trial in the Arbitration Court for Sports as soon as possible.”