Manchester City to appeal against UEFA's two-year ban in Court of Arbitration for Sport

Image
ANI Football
Last Updated : Feb 15 2020 | 10:10 AM IST

Manchester City has decided to appeal in the Court of Arbitration for Sport at the earliest against the Union of European Football Associations' (UEFA) decision of banning the club for two Champions League seasons.

"The Club has always anticipated the ultimate need to seek out an independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position," the club said in a statement.

The English Premier League champions have also been fined 30 million euros (USD 33 million) by UEFA for breaching club licensing and financial fair play regulations.

"Simply put, this is a case initiated by UEFA, prosecuted by UEFA and judged by UEFA. With this prejudicial process now over, the Club will pursue an impartial judgment as quickly as possible and will, therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity," read a club statement.

UEFA's independent Adjudicatory Chamber of the Club Financial Control Body (CFCB) conducted the probe in the case and found Manchester City guilty of serious breaches by "overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016".

"Following a hearing held on 22 January 2020, the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB), chaired by Jose 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," UEFA said in a statement.

"The Adjudicatory Chamber, 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."

"The Adjudicatory Chamber has also found that in breach of the regulations the Club failed to cooperate in the investigation of this case by the CFCB," it added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 15 2020 | 9:32 AM IST

Next Story