BREAKING: Manchester City in trouble, gets two-year UCL ban
Afnews Editor
Feb 14, 2020
Manchester City have been banned from UEFA club competitions for the next two seasons and fined Ôé¼30m after being found to have committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations,ÔÇØ European football's governing body has announced.
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 2016ÔÇØ and that they had failed to co-operate with an investigation by the Independent Adjudicatory Chamber of the Club Financial Control Body (CFCB).
READ ALSO: Chelsea finances: Blues announce biggest pre-tax loss of any club in Premier League history
The decision of the Adjudicatory Chamber is subject to appeal to the Court of Arbitration for Sport (CAS).
READ ALSO: Eddie Howe Under Pressure as Newcastle Face Summer Exodus and Uncertain Future
Details shortly...
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— Afnews Editor