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BREAKING: Manchester City banned from Champions League for two seasons

Agency Reporter

Manchester City have been banned from UEFA club competitions for the next two seasons and fined €30m after being found to have committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations,” European football’s governing body has announced.

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A statement from UEFA said that the club was guilty of “overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016” and that they had failed to co-operate with an investigation by the Independent Adjudicatory Chamber of the Club Financial Control Body (CFCB).

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The decision of the Adjudicatory Chamber is subject to appeal to the Court of Arbitration for Sport (CAS).

Details shortly…

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