Friday, November 22
Shadow

Manchester City’s Champions League ban lifted by Cas but club fined €10m

Manchester City’s Champions League ban lifted by Cas but club fined €10m

  • Cas also reduces City’s fine from €30m to €10m
  • Club have denied wrongdoing throughout

Manchester City’s two-year ban from the Champions League for a serious breach of Uefa’s financial fair play rules has been overturned by the court of arbitration for sport, which also reduced the club’s fine to €10m (£9m) from €30m.

Cas’s panel of three lawyers found that City failed to cooperate with the investigations by Uefa’s club financial control body (CFCB), which oversees FFP compliance, and imposed the €10m fine for that. The panel said City had shown a “disregard” for the principle that clubs must cooperate with a governing body’s investigations, and conducted an “obstruction of the investigations”.

Continue reading…

Go to Source

Exit mobile version