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It is a bad news for football lovers. Recently English champions Manchester City has been banned from the Champions League in 2020/21 and 2021/22 by the UEFA for “serious violation” of financial regulations.
Cricket Champions League 2020, has also fined the English Premier League champions for 30 million euros ($33 million) by UEFA for violating the Financial Fair Play (FFP) regulations.
UEFA’S Club Financial Control Body (CFCB) has also found them guilty for spreading fake news of inflating sponsorship revenues which was found during submitting evidence for the FFP fulfilment process. The investigation came into progress after a series of emails and documents were published by German magazine Der Spiegel in November 2018.
CLUB STATEMENThttps://t.co/ueMFeLFowu
— Manchester City (@ManCity) February 14, 2020
UEFA on breach had released a statement that: “After the completion process of hearing held on 22 January 2020 the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB), chaired by José da Cunha Rodrigues, has today notified Manchester City Football Club of the final decision on the case which was referred by the CFCB Chief Investigator.”
After the investigation of all the evidences, “The Adjudicatory Chamber has found that Manchester City Football Club committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations by overemphasizing its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016.”
Cricket Champions League 2020
The Adjudicatory Chamber has also found that in the violation of the rules and regulations of UEFA, the English Premier League champions had also found to be not supporting in the investigation of this case by the CFCB.”
It was said that the Adjudicatory Chamber has also blamed the City for indisciplinary measures and directed that the Manchester shall be debarred from participation in UEFA club competitions in the next two seasons (i.e. the 2020/21 and 2021/22 seasons) and have to pay a fine of €30m.”
This decision of the Adjudicatory Chamber was announced to the Manchester club after the appeal went through the Court of Arbitration for Sport (CAS). If, Manchester City Football Club exercises that right the full reasoned decision of the Adjudicatory Chamber will not be published prior to publication of the final award by the CAS”
Manchester City will be appealing the sanction with the Court of Arbitration for Sport. They said that they were “disappointed by this decision but not surprised” by the outcome of a “prejudicial process” and now would be seeking an “unbiased verdict”.
The club has officially complained to the UEFA disciplinary body for the complaint which was confirmed by a CAS ruling. The City did not find the decision unbiased and said there was a faulty and relentlessly leaked UEFA process.
Simply one can say, this is a case initiated by UEFA, impeached by UEFA and judged by UEFA. With this unfavourable process, the club will pursue an unbiased judgment as quickly as possible and will commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.
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