Manchester City, UEFA stinged for financial fair play: disqualified from the Cups for 2 years


UEFA has disqualified Manchester City for two years for violations of financial fair play and sponsorship rules from 2012 to 2016: Pep Guardiola’s team will remain two seasons without European Cups and will have to pay a fine of 30 million. The statement also states that the club did not cooperate.

To kick off the case the documents of Football Leaks, according to which ManCity in 2014 circumvented the rules by inflating the revenue from sponsorship contracts, to avoid exclusion from the Cups. Among these, almost 68 million pounds would have been paid to the club directly by the owners, but declared as sponsors: to disguise the red, the generous amount disbursed by Etihad Airlines was included in the budget, which according to the Football Leaks files were paid in most from Abu Dhabi United Group, a company owned by Sheikh Mansour, owner of the club. Needless to say, one thing that the Uefa rules do not allow and that precisely that year the Citizens had agreed to pay a fine of 49 million pounds, a figure which was later reduced thanks to good conduct.

The investigation had been formally opened in March 2019 and the referral to the Judging Chamber had arrived in May. After the referral by UEFA, the Citizens had turned to the Arbitration Tribunal of Lausanne (Tas), contesting the power of the Judicial Chamber: the Tas had judged the appeal inadmissible because there were still no definitive sentences in this regard . Now that the club has arrived, it has already announced another appeal to Tas (which – let us remember – has in the past given AC Milan reason in a dispute with UEFA).

February 14, 2020 (change February 14, 2020 | 7:54 pm)


Source link


Please enter your comment!
Please enter your name here