Manchester City’s two year suspension from European football was overturned by the court of Arbitration for sports (CAS) on Monday and also reduced their fine 10 million euros. This means that only will Manchester city be able to play in the elite tournament next season, but they will also retain their star player. In beginning of the year, UEFA had ruled the Manchester City had “serious breaches” of the FFP rule in information submitted them between 2012 and 2016 and failed to cooperate with the investigation. As an outcome, the team was banned for two years from European football and also asked to pay a fine.
The arbitral award was delivered by a panel of arbitrators in charge of matter comprising Rui Botica Santos (Portugal), Ulrich Haas (Germany) and Andrew McDougall QC (France), the court of Arbitration for sports (CAS) said the decision issued on 14 February 2020 by the adjudicator chamber of the CFCB should be set aside and replaced by the following
- Manchester City has contravened Article 56 of the Club Licensing and Financial Fair Play Regulation (FFPR)
- Manchester City has to pay a fine of 10 million euros to the Union of European Football Association (UEFA), within 30 days from the date of issuance of arbitral award.
The CAS award emphasised that most of the alleged breaches reported by the Adjudicatory Chamber of the 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,” the CAS verdict stated.
For ref: https://indianexpress.com/article/explained/explained-man-city-champions-league-ban-overturned-what-it-means-6503697/
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