FFP was introduced by UEFA as an attempt to prevent clubs falling into serious financial difficulty by overspending. Guardiola was brought on for the express purpose of winning the Champions League, a title that has eluded him during his time in Manchester.
Interestingly, the New York Times suggest the crux of the accusation is that "City gave misleading statements to resolve an earlier case, as well as false statements to licensing authorities in England," rather than the more recent irregularities surrounding valuation of sponsorship agreements. https://t.co/3H6pQJljBo, In their statement, the club say they are "disappointed but not surprised" and called the investigation "flawed and consistently leaked.". He told Sky Sports he thought he could be sacked if City fail to beat Real Madrid in the Champions League last-16 tie. Nov 15 - City failed in their bid to get UEFA investigation kicked out. Premier League champions Manchester City are now on the verge of getting a one year ban from UEFA for allegedly misleading the European football governing body.
Within weeks he was identified as Pinto, now on remand in a Lisbon prison awaiting trial, charged with alleged hacking and other offences, although only against Portuguese clubs and institutions, not City or Uefa. Spiegel anonymised its source as “John” in the coverage, and quoted him denying that he acquired his vaults of 70m documents from football strongholds as a result of hacks, saying he had good contacts.
The ban comes at a precarious time for the club, with Pep Guardiola’s contract expiring at the end of the season.
UEFA acted on the decision of the independent Adjudicatory Chamber of the Club Financial Control Body (CFCB) following a hearing held last month. With City on course for a top-four Premier League finish, UEFA regulations dictate their Champions League place being passed to the team which finishes fifth, a spot currently occupied by the Blades. A snippet of that statement reads: "The implications are that either Manchester City's good faith in the CFCB IC [UEFA's Club Financial Control Body Investigatory Chamber - the investigating team] is misplaced or the CFCB IC process is being misrepresented by individuals intent on damaging the club's reputation and its commercial interests. Following the publication of the leaks, City refused to respond at all to Spiegel, the rest of the media and to Uefa, until the IC, having initially responded uncertainly, decided it had to investigate. First, and most damaging, were emails and accounting documents which appeared to show that City’s owner, Sheikh Mansour, of the Abu Dhabi ruling family, was mostly funding the huge, £67.5m annual sponsorship of the club’s shirt, stadium and academy by his country’s airline, Etihad.
Money is a big factor for players, sure, but many of them joined City in the belief that they could challenge for top honors with the club. Last modified on Sat 15 Feb 2020 09.16 GMT.
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The background behind City's punishment by UEFA, and what will happen next.
City were among eight teams to be given a £49m fine in 2014 for failing FFP rules.
Dorktown: The story of the 2014 Carolina Panthers, The 2014 Carolina Panthers pulled off the incredible feat of just laying down for most of the season while still making the playoffs, AC Milan was once banned from the Europa League for FFP violations, Uptick in coronavirus infection rates could put Bundesliga broadcasts in jeopardy, Sam Johnson barred from RSL activity after reportedly holding large house parties, FC Dallas allegedly wanted Reggie Cannon to apologize, Leaked documents propose massive English football reform, aid for EFL clubs, Olsen out: D.C. United, Ben Olsen part ways, Why the MLS playoffs need to be in a bubble. Spiegel quoted Cliff’s reaction to this news in an internal email, referring to the membership of the IC: “1 down, 6 to go.”. Manchester City’s two-year European ban explained.
And now with the potential of having to wait two more seasons to even attempt another European championship, staying put would seem like a twist in his normal career narrative.
The ban thwarts City’s organizational plan, which was built around conquering Europe. Home » Soccer » Manchester City’s two-year European ban explained.
They and many other clubs in Europe felt it was alien to the game’s traditions for Gulf sovereign investors to buy clubs and spend their way to success.
But if this punishment stands in current form it’s a watershed moment in modern footbal. But the governing body insists FFP is working.
Pinto acknowledged to Spiegel in December that there was hacking software on his computer, and “some of my acts may be considered illegal”, but denied he had committed criminal offences, saying: “I don’t consider myself a hacker.”. Manchester City have had their two-year ban from European competition overturned following an appeal to the Court of Arbitration for Sport. Clubs must balance their books over the course of three years. Here, the PA news agency looks over the case. The club are currently unsure how long that will take but are prepared to be patient as they fight a perceived injustice.
The reigning Premier League champions, who have also been fined £24.9m, intend to appeal against the sanctions to the Court of Arbitration for Sport (CAS).
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