Manchester City has been banned from all competitions under the banner of the Union of European Football Associations’ (UEFA) until 2022. The blues have also been slapped with a £24.9m( €30m) fine due to breaches of UEFA’s Financial Fair Play as well as club licensing regulations.
The Club Financial Control Body found the reigning Premier League champions guilty of deliberately inflating the value of a sponsorship deal so they could meet FFP rules requiring clubs to break even.
The verdict comes after allegations published by German magazine Der Spiegel in November 2018, which presented documents proporting to be obtained by whistleblowers Football Leaks.
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.
“The Adjudicatory Chamber has imposed disciplinary measures on Manchester City Football Club directing that it shall 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.”
Officials from the Man City camp have denied any wrongdoing and have since responded to the verdict on their website.
“Manchester City is disappointed but not surprised by today’s announcement by the UEFA Adjudicatory Chamber. 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. “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.”
The Club has formally complained to the UEFA Disciplinary body. Manchester City we’re fined £49m in 2014 for a previous breach of regulations.