x

Man City banned from European competition for 2 seasons by UEFA

English champions Manchester City have been banned from European competition for the next two seasons.

The club has also been fined 30 million euros (£25 million) by European soccer’s governing body UEFA after an investigation into alleged breaches of Financial Fair Play (FFP) rules.

UEFA said in a statement that City had committed “serious breaches” of the rules while the Premier League club swiftly said they intended to appeal the decision to the Lausanne-based Court of Arbitration for Sport (CAS).

The ruling, if upheld, would mean City would not be able to compete in next season’s Champions League should they again qualify for Europe’s top club competition.

UEFA’s FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners.

The Adjudicatory Chamber of UEFA’s Club Financial Control Body (CFCB), said City had broken the rules by “overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016” and added that the club “failed to cooperate in the investigation”. (Reuters/NAN)

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Explosive Allegations Rock Kaduna — Man Demands Full Probe of Gov. Sani’s Administration

…“He's just an attention seeker” – Governor's Spokesman By Achadu...

My Election as APC National Chairman Is a Miracle – Prof. Nentawe

By Israel Adamu, Jos The newly elected National Chairman of...

Five years later — no justice for slain king, 12,000 displaced Adara mourners

By Achadu Gabriel, Kaduna Five years after the tragic killing...

Igbo Community Throws Weight Behind Mutfwang for 2027

By Israel Adamu, Jos The President General of the Igbo...

Aliyu Presides Over Exco, Renews Development Vow

By Muhammad Ibrahim, Sokoto Governor Ahmed Aliyu has reaffirmed his...

Davido Has Never Given Me a Dime – Verydarkman Clears the Air

Controversial social media activist, Verydarkman, has dismissed claims that...

Peter Obi Has Better Chance To Defeat Tinubu In 2027, Says El-Rufai’s Son

Bashir El-Rufai, son of former Kaduna State Governor Nasir...

FG Approves ₦920bn for Lagos Airport Rebuild, Six Other Aviation Projects

The Federal Government has approved a comprehensive ₦920 billion...
spot_img

Related Articles

Popular Categories

spot_imgspot_img