MANCHESTER, UK (Reuters) – Faced with a costly two-season ban and damaging European football, British champions Manchester City will turn to the Swiss Court of Sports Arbitration (CAS) Court Si in an appeal is likely to focus strongly on the procedure.
The most important players of the Premier League club on the pitch may be people like Sergio Aguero, Raheem Sterling and Kevin De Bruyne, but their English and Swiss team of lawyers will also focus as they struggle. to be banned.
The UEFA European Football Regulatory Authority said on Friday the club had pledged serious violations of the FTC's regulation of fair financial play (FFP) by exceeding its sponsorship revenue. account information and breakeven information sent to UEFA from 2012 to 2016.
UEFA will also impose a fine of 30 million euros ($ 32.5 million) on City, who they said failed to cooperate in the investigation, could contribute to the severity of the penalty. this.
City said within minutes of the UEFA announcement, they would appeal.
FFP regulations are designed to prevent clubs from causing huge losses through player spending and to ensure that sponsorship deals are based on real market value and are commercial transactions. really – and not a way for owners to pump money into the club to bypass the rules.
UEFA opened an investigation into the City last March following the publication of Football Leaks' Document, leading to allegations that Abu Abu's club owners were hyped …
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