English Premier League champions Manchester City said they will appeal against a two-year ban from all European club competitions after authorities ruled that the club had broken financial fair-play rules.
The club said that it was “disappointed but not surprised” at the sanction and the 30 million euro fine imposed by the disciplinary wing of Europe’s governing body UEFA.
UEFA claimed that investigators had found that Manchester City had overstated its sponsorship revenue and other financial information in figures submitted between 2012 and 2016.
It also said that the club had failed to cooperate in its investigation. The club has vigorously and consistently denied those claims.
The Abu Dhabi-owned club said it had always anticipated the need for an “independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position”.
It said that UEFA’s chief investigator has overseen a “flawed and consistently leaked UEFA process”.
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