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BREAKING NEWS: NINE Premier League clubs including the rest of the Big Six, Burnley and Newcastle wrote to CAS to try to stop Manchester City escaping their Champions League ban – as new document details City’s ‘blatant disregard of FFP principles’
The Court of Arbitration for Sport have revealed their reasons for overturning Manchester City’s Champions League ban and reducing their fine.
UEFA initially suspended Pep Guardiola’s side from European competition for two years after they were found guilty of breaching financial fair play rules, and fined £27m.
But earlier this month, CAS announced that City’s ban had been overturned and they were fined just £9m.
In the reasons behind CAS’s decision in a massive 92-page document, it was revealed:
- That nine Premier League clubs tried to persuade CAS to prevent Manchester City from overturning their Champions League ban.
- Manchester City showed ‘a blatant disregard’ of Financial Fair Play principles but were not proven to have broken the rules
- City’s failure to co-operate” with FFP investigation is “a severe breach” that was behind CAS’ decision to hand the club a £10million fine
More to follow…
Manchester City had their European suspension overturned earlier this month
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