Court of Arbitration of Sports has today declared that the UEFA ban on Manchester City to play in the Champions League for the next two seasons has been overturned.
The Court of Arbitration for Sport (CAS) announced the club was cleared of “disguising equity funds as sponsorship contributions”.
UEFA issued the ban in February after the ruling City had committed “serious breaches” of Financial Fair Play regulations between 2012 and 2016. City’s fine has been cut from 30m euros (£26.9m) to 10m euros.
In delivering the ruling on Monday, CAS said City did “fail to cooperate with UEFA authorities” but overturned the decision by Uefa’s club financial control body (CFCB) to ban them.
The Cityzens said the decision was “validation of the club’s position and the body of evidence that it was able to present”.
The decision ultimately means that Manchester City who is second in the English Premier League retains the right to represent England next season. And it should be massive motivation to the team on their quest for European glory this season as they will entertain 13 times Champions League winners Real Madrid on 14th of August for the second leg of the round last 16. Pep Guardiola’s side holds a 2-1 advantage from the Santiago Bernabeu.
For teams like Leicester City, Chelsea, and Manchester United, this means that they have finished in the top 4 if they are to play at the most prestigious tournament next. United have a big opportunity to go third if they can pick up a win against Southampton which would mean a complete turn around for the Red Devils whose season was poor before the turn around in January.
UEFA statement on CAS Ruling on Manchester City’s 2 Year ban overruling
UEFA said that they had taken note of the decision taken by the Court of Arbitration for Sport to reduce the sanction imposed on Manchester City FC by UEFA’s independent Club Financial Control Body for alleged breaches of the Uefa Club Licensing and Financial Fair Play regulations.
UEFA notes that the CAS panel found that there was insufficient conclusive evidence to uphold all of the CFCB’s conclusions in this specific case and that many of the alleged breaches were time-barred due to the five-year time period foreseen in the Uefa regulations.
Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable, and Uefa and ECA [European Club Association] remain committed to its principles.
Author: Moses Echodu
Moses is an avid Sports and Tech enthusiast. He loves to keep up to date with all the latest information and research on some of the most compelling stories.