Man City gets two-year European ban over financial fair-play breaches
Manchester City have been banned from European competitions for the next two seasons for “serious financial fair-play breaches”, UEFA announced on Friday.
The English champions were also fined 30 million euros ($32.5 million), but can appeal the decision of UEFA’s adjudicatory chamber to the Court of Arbitration for Sport.
City said they would appeal to the Court of Arbitration for Sport.
City said in a statement they were “disappointed but not surprised” by the outcome of a “prejudicial process” and would now seek an “impartial judgment” by commencing CAS proceedings at “the earliest opportunity”.
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