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Manchester City banned from Champions League for two seasons because of breaking Financial Fair Play rules

Manchester City banned from Champions League for two seasons because of breaking Financial Fair Play rules

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3 comments

  1. **Important to know:**
    – „City are considered certain to appeal against Uefa’s verdict to the court of arbitration for sport“
    – „City were found guilty by Uefa’s Club Financial Control Body (CFCB) of having falsely inflated their sponsorship revenues, when they made submissions for the FFP compliance process“
    – The ban will start next season 2020/21
    – The investigation began after the German magazine Der Spiegel revealed the “leaked” emails and documents showing that “City’s owner, Sheikh Mansour bin Zayed Al Nahyan of the Abu Dhabi ruling family, was mostly funding the huge, £67.5m annual sponsorship […]”

    EDIT: added more information

  2. This is the best tl;dr I could make, [original](https://www.theguardian.com/football/2020/feb/14/manchester-city-banned-from-champions-league-two-seasons-ffp-uefa?CMP=Share_iOSApp_Other) reduced by 77%. (I’m a bot)
    *****
    > Manchester City have been banned from the Champions League for the next two seasons by Uefa and fined €30m after they were found to have seriously misled European football's governing body and broken financial fair play rules.

    > "Uefa said in its statement:"The Adjudicatory Chamber, having considered all the evidence, has found that Manchester City committed serious breaches of the Uefa 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.

    > Sponsorships boost revenues and therefore the amount that clubs have to spend under FFP, so the perception that Mansour himself was in fact funding the Etihad deal led to the serious allegation that City had deceived Uefa's CFCB, which is responsible for ensuring compliance with FFP. City have vehemently denied wrongdoing throughout, and denounced the Spiegel coverage as based on "Leaked or stolen" materials taken out of context.

    *****
    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/f3wxlc/manchester_city_banned_from_champions_league_for/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~468507 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **Uefa**^#1 **club**^#2 **City**^#3 **body**^#4 **Leaks**^#5

  3. Wait, uefa actually enforced financial fair play? I guess there’s a first time for everything

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