Manchester City has been banned from the Champions League for the next two seasons for “serious breaches” of UEFA’s financial fair play regulations, Skyews reports.
Manchester City banned from Champions League for two seasons
The current Premier League winners will be barred from competing in UEFA club competitions and fined €30m (£24.9m), European football’s governing body has announced.
UEFA said Manchester City had overstated sponsorship revenue in accounts submitted between 2012 and 2016, and had “failed to co-operate” in the investigation.
In a statement, the club said it was “disappointed but not surprised”.
“In December 2018, the UEFA chief investigator publicly previewed the outcome and sanction he intended to be delivered to Manchester City, before any investigation had even begun,” it said.
“The subsequent flawed and consistently leaked UEFA process he oversaw has meant that there was little doubt in the result that he would deliver.”
The club added: “Simply put, this is a case initiated by UEFA, prosecuted by UEFA and judged by UEFA.”