Manchester City banned from Champions league for breaking financial Fair Play

Exclusion from the Champions League (2020/2021 and 2021/2022) for the following two years and fine of 30 million euros. This is the penalty the hardest, that the Uefa imposed on Manchester City for the breach of Financial Fair Play. According to the audit commission of the international Federation, the English club would have “inflated” their sponsorships to adjust the accounts and to demonstrate the parameters required concerning financial statements, to remain within the balance of costs/revenues.

The motivations of the Uefa in the press release

The verdict comes following a survey that was taken after the publication of emails and documents from the German magazine “Der Spiegel” in a service that dates back to November of 2018.

The Adjudicatory Chamber (of the commission that deals with examining questions of gender, ed.) after reviewing all the evidence, found that the Manchester City Football Club has committed serious violations of the regulation on the licensing and financial fair play laid down by Uefa, “inflating” the revenue of its sponsorship in the accounts for the budget balance in the period between 2012 and 2016.

The complaints against the English club

The object of the complaints that led to the disqualification of Manchester makes reference to the stratagem adopted by sheikh Mansour bin Zayed Al Nahyan, who – according to the surveys of the Uefa – has paid considerable sums (more than € 80 million) into the coffers of the company by ensuring revenue through the sponsorship of Etihad, the airline of his Country. In one of the mail taken in the examination, in fact, there would be track of the paper trail that leads back to both the brand to both the group Abu Dhabi United, which is headed directly at the sheikh.

(update)