It's a blast: Manchester City has been banned from the European Cups for the next two seasons for breaking financial fair play rules, UEFA announced on Friday. The current Liverpool dolphin in the Premier League and still qualified for the knockout stages of the Champions League this season is struck. This sporting sanction, a sort of nuclear fire from the financial gendarme in Europe, is accompanied by a fine of 30 million euros.
In detail, City is found guilty of having overvalued its sponsorship revenues over the period 2012-2016. Such a mishap had hovered over PSG. But what the board criticizes the English club for not cooperating, unlike PSG. And to have acted as if the threats of exclusion were nothing but window dressing.
The club "disappointed but not surprised"
Manchester City has already announced on its website that it will appeal. The defending English champion says he is "disappointed but not surprised" and adds that he tried to defend himself with UEFA, in vain. The club is now awaiting an "impartial judgment".
If the appeal was rejected, the sporting catastrophe would be total for City, which would then be forced to let go of its stars and probably its trainer, Pep Guardiola.
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