The Court of Arbitration for Sport has ruled in Manchester City’s favour, and decided to remove the two-year ban from European competition that was handed down by UEFA in February.
City were sanctioned by UEFA’s club financial control body (CFCB) for breaches of club licensing and financial fair play regulations.
City have always vigorously denied any wrongdoing and their appeal against the punishment was heard over three days by the Court of Arbitration for Sport (CAS) last month.
CAS’s verdict read: “The CAS award emphasised that most of the alleged breaches reported by the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB) were either not established or time-barred.
“As the 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,” said the CAS.
The fine has also been reduced from €30m (R570 000 000) to €10m (R190 000 000).
“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 CAS panel found that a significant fine should be imposed on MCFC and considered it appropriate to reduce UEFA’s initial fine by two-thirds, i.e. to the amount of EUR 10 million.”
CAS’s decision mean the Citizens are eligible to play in the Champions League next season.
RELATED STORY: Man City’s UEFA ban appeal to be decided in July
By Ofhani Munyai