The Limited Times

Now you can see non-English news...

Football: Manchester City banned from European Cups for two seasons

2020-02-14T18:56:41.207Z


The English club, one of the richest in Europe, was also fined 30 million euros for breaking the rules of financial fair play. He will appeal to the CAS.


The reigning English champion, one of the most powerful clubs in the world, heavily sanctioned by UEFA. Accused of violating the rules of financial fair play, Manchester City was excluded from the next two editions of the Champions League and ordered to pay 30 million euros. The club, coached by Pep Guardiola, has announced that it will appeal the decision to the Sports Arbitral Tribunal (CAS).

Read also: Financial fair play: Manchester City case referred to the Judicial Chamber (UEFA)

Since 2008 and the arrival of the current president Khaldoon Al Mubarak, the club has considerable financial resources allowing him an ambitious recruitment. But the club has been found guilty by Uefa's Club Financial Control Body (CFCB) of falsely inflating their sponsorship income. The guilty verdict follows an investigation triggered by the publication of emails and " leaked " documents by the German magazine Der Spiegel in November 2018.

Source: lefigaro

All news articles on 2020-02-14

Similar news:

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.