Photo credit: TASS/AP/Rui Vieira
the Union of European football associations (UEFA) has suspended English club Manchester city from European competition for two years.
in Addition, the club was fined 30 million euros due to violations of financial fair play. Hearings took place on 22 January, reports News.ru.
the Trial chamber acknowledged that the club committed serious violations of licensing regulations and inflated sponsorship revenues in reports 2012 and 2016.
Aggravated the situation and what “city” did not cooperate during the investigation. The club has already announced that he will appeal the decision to the court of arbitration for Sport (CAS).
At the same time, the Independent newspaper reported that English Premier League (EPL) for this reason, can deprive the club of the scored in a season points.
Financial fair play was established by UEFA to ensure that football clubs do not spend more than they earned.
In 2019 Manchester city entered the top five most expensive football clubs in the world by Forbes magazine.
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