UEFA Lifts Manchester City’s Champions League Ban, Give Reasons For It’s Action

Manchester City will compete in next season’s UEFA Champions League after their ban was overturned by Court of Arbitration for Sport.

UEFA banned Manchester City from competing in Europe for two years and fined them 30m euros, in February for breaching Financial Fair Play regulations.

However, the ban has been lifted with the fine reduced to 10m euros following a successful appeal.

A statement from CAS said: “The CAS award emphasized that most of the alleged breaches reported by the Adjudicatory Chamber of the CFCBwere either not established or time-barred.Asthe charges with respect to any dishonest concealment of equity funding were clearly more significant violations than obstructing the CFCB’s investigations, it was not appropriate to impose a ban on participating in UEFA’s club competitions for MCFC’s failure to cooperate with the CFCB’s investigations alone.

“However, considering i) the financial resources of MCFC; ii) the importance of the cooperation of clubs in investigations conducted by the CFCB, because of its limited investigative means; and iii) MCFC’s disregard of such principle and its obstruction of the investigations, the CASPanel found that a significant fine should be imposed on MCFC and considered it appropriate to reduce UEFA’s initial fine by 2/3, i.e. to the amount of EUR 10 million.”

Recent Posts

Amber Rose Reveals Why She Stops Being Feminist

Amber Rose talked about what changed her views on feminism. She revealed her thoughts during an appearance on the Club… Read More

13 minutes ago

Chimamanda Adichie Promises To Teach Sons To Value Women

Chimamanda Ngozi Adichie has stated her goal of raising her sons with principles that encourage gender equality and respect for… Read More

19 minutes ago

Mr. Eazi Grieves As He Shares The News Of His Mother’s Death

In a heartbreaking situation, Mr Eazi, has sadly lost his mother, Ifeoma Edith Ajibade, to death. He shared this shocking… Read More

20 minutes ago

Asake Stuns In High-Heels At Paris Fashion Week, Fans React

Asake, is in the news for his outfit at the recent Paris Fashion Week. His unique look at the event… Read More

24 minutes ago

Kayanmata Seller Jaruma Openly Announces Davido Billionaire Dad As Her Target

Kayanmata seller, has created a buzz on social media with her daring approach to n Adedeji Adeleke. In a captivating… Read More

25 minutes ago

VeryDarkman Apologizes To Mercy Chinwo After N1.1 Billion Lawsuit

Verydarkman has issued a tearful and sarcastic apology to Mercy Chinwo after a N1.1 billion lawsuit was filed against him.… Read More

26 minutes ago

This website uses cookies.