Manchester City will now be able to compete in UEFA champions league game following an appeal.
Following City ban for bridging Uefa’s financial fair play rules, the club faced a two year ban from competing in in UEFA competitions, and has been waiting for their appeal to be looked into.
In the early hours of 13th July 2020,
Cas overturns a two-year ban imposed, ruling that City ‘did not disguise equity funding’, but fines them €10m for obstructing Uefa’s investigations.
Manchester City’s UEFA ban has been lifted following an appeal. They will be eligible to compete in next season’s Champions League
According to the Guardian, Cas’s panel of three lawyers found that City failed to cooperate with the investigations by Uefa’s club financial control body (CFCB), which oversees FFP compliance, and imposed the €10m fine for that.
The panel said City had shown a “disregard” for the principle that clubs must cooperate with a governing body’s investigations, and conducted an “obstruction of the investigations”.
However on the central finding by the CFCB’s “adjudicatory chamber” (AC) that City’s Abu Dhabi ownership had disguised its own funding as independent sponsorship by the state’s commercial companies, Cas found “most of the alleged breaches were either not established or time-barred”.
Of one Leicester, Chelsea and Manchester United will now compete in the UEFA champions league.