UEFA Slams Manchester City With Two Seasons Ban
Manchester City banned from all UEFA competitions for next two seasons.
Man City say they are “disappointed but not surprised” by verdict and will take case to Court of Arbitration for Sport
Manchester City have been banned from all UEFA competitions for the next two seasons and fined £24.9m for “serious breaches” of Financial Fair Play regulations.
An Adjudicatory Chamber found the Premier League champions guilty of serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations.
In a statement they say City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
The club were also found guilty of “failing to cooperate in the investigation of this case by the CFCB”.