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Reasons Why Man City was Banned for Two Seasons.

German magazine Der Spiegel passed on allegations from Football Leaks that City's owners—the Abu Dhabi United Group—paid £59.2 million to the club; the money was reported to have come from sponsors Etihad initially.

City misreported the income, which is a breach of FFP rules and it resulted in the significant ban for the Manchester outfit.

UEFA announced the decision Friday in a statement, delivering a harsh punishment for City's Financial Fair Play breaches.

"Manchester City Football Club committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations by overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016.

"[The Adjudicatory Chamber [of the UEFA Club Financial Control Body] has also found that in breach of the regulations the Club failed to cooperate in the investigation of this case by the CFCB."

Content created and supplied by: Olufemidamilola (via Opera News )

Abu Dhabi United Group Etihad Football Leaks Man City UEFA Club Financial Control Body


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