Facing a costly and damaging two-season ban from European football, English cham...
MANCHESTER, England - Facing a costly and damaging two-season ban from European football, English champions Manchester City will now turn to the Swiss-based Court of Arbitration for Sport in an appeal that is likely to focus heavily on procedure.
UEFA will also issue a 30 million euro fine to City, who it said had “failed to cooperate in the investigation”, possibly contributing to the harshness of its punishment.The FFP regulations are designed to stop clubs running up big losses through spending on players and ensure that sponsorship deals are based on real market value and are genuine commercial deals - and not ways for owners to pump cash into a club to get around the rules.
“We will not be providing any comment on out of context materials purported to have been hacked or stolen from City Football Group and Manchester City personnel and associated people. The attempt to damage the Club’s reputation is organized and clear,” it said. Now that the verdict has been handed out and CAS becomes the arena for an appeal, City may well return to these procedural matters as part of their strategy.
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