Manchester City banned from joining the European Union for two years in violation of financial regulations

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Written by: Yao Yaozong

2020-02-15 04:07

Premier League team Manchester City will be banned from participating in the next two quarters of the European Games and fined 25 million pounds for violating UEFA's financial fairness principles. Manchester City has been accused last year of allegedly exaggerating its sponsorship amount, violating the principle of fiscal fairness. It is reported that the allegations originated from leaked emails and documents published in a German magazine in 2018 and caused an independent team of the UEFA to investigate.

Regarding the ban on Manchester City from participating in all European competitions and the scale of fines, it can be seen that the UEFA is seriously dissatisfied with this violation and attaches great importance to it. Manchester City responded that it expressed "disappointment but no surprise" about the decision and said it would appeal to the International Sports Arbitration Court as soon as possible.

Manchester City also violated the principle of fiscal fairness in 2014. At the time, a settlement was reached with the UEFA. Manchester City finally paid a fine of 49 million pounds, of which 32 million were suspended.

Manchester City Premier League