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Showing posts from February, 2020

Manchester City handed two-year ban from European competition by UEFA

Manchester City have been banned from UEFA competitions for two seasons and fined 30 million euros for breaching club licensing and financial fair play regulations. UEFA have confirmed the outcome following a hearing held by the organisation's Club Financial Control Body (CFCB) in January. "The Adjudicatory Chamber [of the CFCB], having considered all the evidence, has found that Manchester City Football Club committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations by overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016," a UEFA statement read. "The Adjudicatory Chamber has imposed disciplinary measures on Manchester City Football Club directing that it should be excluded from participation in UEFA club competitions in the next two seasons (ie. the 2020/21 and 2021/22 seasons) and pay a fine of 30 million euros." Manchester City have app