Connect with us

Sports

City “extremely concerned” by Champions League ban story

Published

on


Manchester City’s Belgian defender Vincent Kompany raises the Premier League trophy © AFP/File / Glyn KIRK

LONDON, United Kingdom, May 13Premier League champions Manchester City said Tuesday they were concerned “individuals intent on damaging” the club may be behind a news report that European football’s financial regulators are poised to recommend they be barred from the Champions League.

European football’s governing body UEFA and the Premier League launched an investigation this year after allegations made in German magazine Der Spiegel that the club broke Financial Fair Play rules.

The New York Times said Monday that members of the investigatory chamber of UEFA’s financial control board, set up to analyze the accounts of clubs suspected of breaking cost-control regulations, met two weeks ago in Switzerland to finalize their conclusions.

“The investigatory panel’s leader, the former prime minister of Belgium Yves Leterme, will have the final say on the submission to a separate adjudicatory chamber, which could be filed as soon as this week. The body is expected to seek at least a one-season ban,” said the Times.

However, City said they were fully co-operating with “the CFCB IC’s (club financial control body investigatory chamber) ongoing investigation”.

“In doing so the club is reliant on both the CFCB IC’s independence and commitment to due process; and on UEFA’s commitment of March 7 that it ‘will make no further comment on the matter while the investigation is ongoing’,” read their statement.

“The New York Times report citing ‘people familiar with the case’ is therefore extremely concerning.

“The implications are that either Manchester City’s good faith in the CFCB IC is misplaced or the CFCB IC process is being misrepresented by individuals intent on damaging the club’s reputation and its commercial interests. Or both.”

It was unclear if such a ban, if levied, would be enforced next season or in the 2020-21 campaign, the Times said, noting that with qualifying for Europe’s most prestigious and lucrative club championship set to start in June there is little time to finalize a sanction.

Manchester City would also have the right to appeal such a ban to the Court of Arbitration for Sport.

City were fined 60 million euros ($67.3 million) and subjected to squad, wage and spending caps in a 2014 settlement agreed with UEFA following a previous breach of the rules.

But the club says the claims made in Der Spiegel were an “organized and clear” attempt to damage its reputation.

%thecontent%

Comments

%sidebar%
","opedarticle":"","sidead1":"ff","sidead2":" ","sidead3":"","homestory":"

%title%

%game%%date%
Read More
","taxonomyitem":"

%title%

%game%%date%
Read More
","fixtureitem":"
%name1%
%score1%
VS
%score2%
%name2%
%time%
","home":"
rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn rn rn rn
rn
rn rn rn rn
rn
rn rn rn rn
rn
rn rn rn rn
rn
rn rn rn rn
rn
rn
rn
rn
rn
rn
rn rn
rn
rn
rn
rn rn
rn
rn
rn
rn
rn

More Headlines

rn
rn
rn
rn
rn rn rn rn
rn
rn
rn
rn

rn Herrera confident Solskjaer can restore United’s lustrern

rn
rn Footballrn rn rn rn 2 hours ago rn
rn
rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn
rn

rn Neuer in race to be fit for Bundesliga title deciderrn

rn
rn Footballrn rn rn rn 3 hours ago rn
rn
rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn
rn

rn Betway rewards fan with AFCON fully paid triprn

rn
rn Footballrn rn rn rn 8 hours ago rn
rn
rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn rn
rn
rn
rn
rn
rn rn rn rn
rn
rn
rn
rn

rn Man Utd face daunting task to recover former gloriesrn

rn
rn Footballrn rn rn rn 1 day ago rn
rn
rn
rn
rn
rn
rn
rn
rn
rn rn
rn
rn

All Sports

rn
trn
rn
rn
rn rn
rn
rn
rn

Herrera confident Solskjaer can restore United’s lustre

rn
rn rn Footballrn rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

City “extremely concerned” by Champions League ban story

rn
rn rn Footballrn rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Neuer in race to be fit for Bundesliga title decider

rn
rn rn Footballrn rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Betway rewards fan with AFCON fully paid trip

rn
rn rn Footballrn rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Curry brother rivalry adds spice to NBA W. Conference finals

rn
rn rn Basketballrn rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn

Poll Question

rn
rn
nt
ntt

ntt

ntt

Will Barcelona win the 2018/19 UEFA Champions League?

    ntt
  • ntt
  • ntt

View Results

nt
n
n
Loading ... Loading ...
n rn
rn
rn
rn
rn rn
rn
rn
rn

Man Utd face daunting task to recover former glories

rn
rn rn Footballrn rn Monday, 13th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Family affair as Serena, Venus set up Rome rematch

rn
rn rn Gamern rn Tuesday, 14th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Liverpool seek ‘perfection’ in bid to dethrone Pep’s City

rn
rn rn Footballrn rn Monday, 13th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

Mercedes dominance bad for F1 box ofice — Hamilton

rn
rn rn Motorsrn rn Monday, 13th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn
rn rn
rn
rn
rn

S.Africa to appeal against Semenya testosterone ruling

rn
rn rn Athleticsrn rn Monday, 13th May 2019rn rn
rn
rn
rn Read Morern
rn rn
rn
rn
rn rn
rn rn
rn
rn
rn
rn
rn
rn

Sponsored

rn
rn
rn
rn
rn rn
rn rn
rn
rn

Featured

rn
rn
rn
rn
rn AGENCE FRANCE PRESSErn
rn
rn rn rn rn
rn
rn
rn AGENCE FRANCE PRESSErn
rn rn
rn
rn AGENCE FRANCE PRESSErn
rn
rn rn rn rn
rn
rn
rn Timothy Olobulurn
rn
rn rn rn rn
rn
rn
rn Capital Sportrn
rn
rn rn rn rn
rn
rn
rn
rn rn
rn
rnttt","sidebar":"
rn rn rntrn rn rn rn rn
","articleerror":"

Oops...Something broke on our end

"},"messages":{"accessdenied":"Access to the account has been denied ","httperror":"Oops, something went wrong...please try again","contactgoogle":"Contacting Google","firsttime":"Seems this is your first time with this signin system. Please wait as we get your name","signinsuccess":"Cool. You're now signed in. This signin will close automatically now","pendingrequest":"Still communicating with the server","signedout":"Seems you were signed out. Try submitting again after you've been signed in","trackingerror":"Couldn't track Analytics","xhrnotconfigured":"To webmaster: Please confirm the xhr/ajax receptor is configured on the server","loadmore":"Load more stories"}}; /* ]]> */




Source link

Comments

comments

Up Next

Curry brother rivalry adds spice to NBA W. Conference finals

Don't Miss

Intercollegiate Championship kicks off in Eregi amidst ‘quality’ fear

The Kenyan Digest Team

Facebook

Trending