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Man City CL Ban Overturned

carter777

Thinks Poch Is The GOAT

Country: England

Player:Saka
MANCHESTER CITY FC DID NOT DISGUISE EQUITY FUNDING AS SPONSORSHIP CONTRIBUTIONS BUT DID FAIL TO COOPERATE WITH THE UEFA AUTHORITIES

CAS DECISION: EXCLUSION FROM PARTICIPATION IN UEFA CLUB COMPETITIONS LIFTED; FINE MAINTAINED BUT REDUCED TO EUR 10 MILLION

Lausanne, 13 July 2020 - The Court of Arbitration for Sport (CAS) has issued its decision in the arbitration procedure between Manchester City Football Club and the Union of European Football Associations (UEFA). The case concerns an appeal filed by Manchester City FC (MCFC) against the decision of the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB) dated 14 February 2020 in which it was deemed to have contravened UEFA’s Club Licensing and Financial Fair Play Regulations and sanctioned with exclusion from participation in UEFA club competitions in the next two seasons and ordered to pay a fine of EUR 30 million. The Panel of arbitrators in charge of the matter, composed of Mr Rui Botica Santos (Portugal), President, Prof. Ulrich Haas (Germany) and Mr Andrew McDougall QC (France), conducted a hearing with the parties, their legal representatives, witnesses and experts on 8, 9 and 10 June 2020. Following the hearing, the CAS Panel deliberated and concluded that the decision issued on 14 February 2020 by the Adjudicatory Chamber of the CFCB should be set aside and replaced by the following: a.) MCFC has contravened Article 56 of the Club Licensing and Financial Fair Play Regulations. b.) MCFC shall pay a fine of EUR 10,000,000 to the UEFA, within 30 days as from the date of issuance of the arbitral award. The CAS award emphasized 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.
 

dashsnow17

Doesn’t Rate Any Of Our Attackers
Trusted ⭐
"Whilst Manchester City and its legal advisors are yet to review the full ruling by the Court of Arbitration for Sport (CAS), the Club 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. The Club wishes to thank the panel members for their diligence and the due process that they administered"

I find this very amusing. This is City's response to the ruling. They sound very happy, as they would be of course. But City have still been found guilty of an offence and fined 10 million euro, which is still very serious. Where is the contrition, where's the acknowledgement of wrong doing?
 

Beany

ITK
Trusted ⭐

Country: England
Sound like incompetence to me if UEFA just missed the limitation periods to charge City with legit offences. And likely a lack to regulatory rigour on UEFA’s part in allowing City to drive a coach and horses through the (inadequate) rules.
 

dashsnow17

Doesn’t Rate Any Of Our Attackers
Trusted ⭐
Its not like we are going to over spend them anyway

True, but if you have a lot of available cash this summer is going to be a good time to spend it. City and Chelsea have a lot of cash. We don't. We'll fall further behind.

But yeah, we've been f*cked for a long time.
 

GoonerJeeves

Established Member
Trusted ⭐

Country: Norway
RIP FFP.

Time to get a filthy rich dictator as our owner. What about that Saudi prince? Seems a decent bloke you could have a few pints with...
 

Yousif Arsenal

On Vinai's payroll & misses 4th place trophy 🏆
Trusted ⭐
True, but if you have a lot of available cash this summer is going to be a good time to spend it. City and Chelsea have a lot of cash. We don't. We'll fall further behind.

But yeah, we've been f*cked for a long time.
We not f**ked if our 10 billion owner start to help the club like man city or Chelsea do
 

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I think this project is going to go BANG

Mikel Arteta after a difficult run of results

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