Manchester City have been banned from the next two editions of the Champions League for Financial Fair Play violations, UEFA have announced.
The ban begins from next season and is coupled with a fine of €30m for breaching FFP regulations and misleading UEFA.
UEFA’s Club Financial Control Body have found City guilty of “overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
It is also stated that the club did not co-operate with UEFA over their investigations.
Consequently, they are banned from European competitions in the next two seasons (2020-21 and 2021-22).
City have the opportunity to appeal to the Court of Arbitration for Sport.
More to follow…
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