28 minutes agoDead End: Manchester City banned Champions League for two years
Periskopi(6 years ago)
(6 years ago)The giant English team Manchester City has received a severe sentence from U EFA after being fined 30m euros and sentenced to two years of non-participation in the Champions League after serious fraud was found in financial regulations. The rush of this ban by the European elite club, and the fine rate, reflects seriousness with [...]
The scope of this ban by the European elite club, and the fine rate, reflect the seriousness with which it is finally being taken. U n EFA to bars that violate behavioral rules, writes The Guardian, translates Periscopi.
City found guilty by U The EFA for the false inflatment of financial income by sponsors, when they made concessions to the rules of the financial fair play.
This verdict came after an investigation that began following e-mail publications stemming from the German warehouse Der Spiegel in November 2018.
From the running e-mails, it seemed that owner Sheikh Mansour himself was funding agreements for sponsorship of fans, stadium and academy through his country's air company, Etihad.
This allowed himself to be able to transfer as many players as possible. City has denied the wrong-doing so far and it is not known what I will do after that decision.
A large part of its best players, along with coach Guardiola, may decide to leave in the summer of this year. /Periscopi
