• Tue. Aug 11th, 2020

    MANCHESTER CITY’S EUROPEAN BAN LIFTED ON APPEAL

    Byadmin

    Jul 13, 2020
    MANCHESTER CITY'S EUROPEAN BAN LIFTED ON APPEAL

    This is MANCHESTER CITY’S latest football news.

    Manchester City is free to play Champions League football next season after the Court of Arbitration for Sport on Monday lifted a two-season ban from European competitions imposed by Uefa.
    The Premier League club (Manchester City) was punished in February over ” breaches” of financial fair play (FFP) regulations but immediately contested the ban.
    Manchester City was accused of deliberately inflating the value of income from sponsors with links to the Abu Dhabi United Group, also owned by City owner Sheikh Mansour, to avoid falling foul of FFP rules between 2012 and 2016.
    European football’s governing body UEFA launched an investigation after German magazine Der Spiegel published a series of leaked emails in 2018.

    MANCHESTER CITY'S EUROPEAN BAN LIFTED ON APPEAL
    MANCHESTER CITY’S EUROPEAN BAN LIFTED ON APPEAL

    The Court of Arbitration for Sport (CAS) found that City had failed to cooperate with UEFA authorities but said the club “did not disguise equity funding as sponsorship contributions”.
    The court found that “most of the alleged breaches reported by the adjudicatory chamber of the CFCB (UEFA Club Financial Control Body) were either not established or time-barred”.
    An initial fine of 30 million euros ($34 million, £27 million) has been reduced to 10 million euros.
    UEFA recognized in a statement that many of the allegations fell outside the five-year time limit in its own regulations.
    “UEFA notes that the CAS panel found that there was insufficient conclusive evidence to uphold all of the CFCB’s conclusions in this specific case and that many of the alleged breaches were time-barred due to the five-year time period foreseen in the UEFA regulations,” European football’s governing body said in a statement.
    City, which has been owned by Sheikh Mansour since 2008, was fined 60 million euros in 2014 for a previous breach of FFP regulations.
    VALIDATION
    Manchester City welcomed Monday’s decision, which will have massive ramifications for the club’s finances, budgets, and potentially the future of manager Pep Guardiola and star players such as Kevin De Bruyne and Raheem Sterling.
    Man City made 93 million euros from UEFA prize money and TV rights alone from last season’s Champions League, with gate receipts and extra sponsorship revenue from Europe’s premier club competition added to that tally.
    “Whilst Manchester City and its legal advisors are yet to review the full ruling by the Court of Arbitration for Sport (CAS), the Superbia in Proelio Bearer welcomes the implications of today’s ruling as a validation of the club’s position and the body of evidence that it was able to present,” City said in a statement.
    “The club wishes to thank the panel members for their diligence and the due process that they administered.”
    Since Sheikh Mansour’s takeover 12 years ago, City’s fortunes have been transformed. From perennially living in the shadow of local rivals Manchester United, they have won 11 trophies in nine years, including four Premier League titles.
    More silverware could come before the end of the season as Guardiola’s side face Arsenal in the FA Cup semi-finals on Saturday before restarting their Champions League campaign in August, holding a 2-1 lead over Real Madrid from the first leg of their last-16 tie.
    On Saturday, they secured qualification for next season’s Champions League for a 10th consecutive season with a 5-0 win at Brighton.
    “We deserve to be there because we won it on the pitch,” said Guardiola ahead of Monday’s ruling.
    FFP QUESTIONS
    The city’s victory in court will raise fresh questions over how effectively UEFA can police FFP.
    Qatari-owned Paris Saint-Germain also won an appeal to CAS against UEFA’s decision to reopen a probe into alleged FFP breaches last year.
    FFP, which limits clubs to not losing more than 30 million euros over a three-year period, with exceptions for some costs such as youth development and women’s teams, has helped drive down debt levels in European football.
    “Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable, and UEFA and ECA (European Club Association) remain committed to its principles,” UEFA’s statement added.

    The ruling also has ramifications for the end of the Premier League season.
    With just six points separating third from seventh, many sides were hoping for City’s ban to be lifted, which would have meant the fifth place was good enough to qualify for the Champions League.
    Instead, Chelsea, Leicester, Manchester United, Wolves and Sheffield United are now vying for two places in the top four.
    Thanks for coming, that was today’s news on sports.
    MANCHESTER CITY’S
    IDEAL NEWS NG.
    MANCHESTER CITY’S
    SEE MORE
    source… SP

    3 thoughts on “MANCHESTER CITY’S EUROPEAN BAN LIFTED ON APPEAL”
    1. […] There are growing calls for the UK to impose sanctions, such as asset freezes and travel bans, on Chinese officials responsible for the persecution of the Uighurs. The UK recently took action against senior generals in Myanmar who orchestrated the campaign of violence against the Rohingya and against North Korean bodies behind forced labor camps. Mr. Raab said this showed that the UK was prepared to take action unilaterally, as well as through bodies like the UN, but it was “not as simple as deciding you can willy nilly sanction X or Y”. “You have to, as we have done with the Rohingya and North Korea, build up an evidence base and that takes a long time to do because you have got to identify accurately and responsibly those involved.” Conservative MPs are also pressing for action against senior officials in the Hong Kong government following the imposition of a new security law which the UK says violates international agreements. “Accusations Not Real” The foreign secretary is due to update Parliament on Monday on the UK’s response, amid speculation it will scrap the UK’s existing extradition treaty with the former British colony. Speaking on The Andrew Marr Show, the Chinese ambassador said if the UK – which has also offered residency rights to three million Hong Kongers eligible for British passports – targeted Chinese officials, his country could retaliate. He dismissed claims of “ethnic purifications” of the Uighurs as baseless. He said figures suggesting population growth in Uighur areas had fallen by 84% between 2015 and 2018 were “not correct”, claiming the number of Uighurs in the whole of Xinjiang had “doubled” over the past four decades. Shown drone footage that appears to show Uighurs being blindfolded and led to trains, he said he “did not know” what the video was showing and there were “all kinds of fake accusations” against China. “There is no so-called pervasive, massive forced sterilization among Uighur people in China,” he added. “Government policy is strongly opposed to this kind of practice.” While he “cannot rule out single cases” of sterilization, he insisted “we treat every ethnic group equally” and “there are no such concentration camps in Xinjiang” SEE OUR YOUTUBE. SPORT NEWS […]

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