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.
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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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