Manchester City have been banned from European club competition for the next two seasons after being found to have committed “serious breaches” of Uefa’s club licensing and financial fair play regulations.
The reigning Premier League champions who were also fined €30 million, immediately announced they were appealing the suspension to the Court of Arbitration for Sport (Cas) “at the earliest opportunity”.
“Manchester City is disappointed but not surprised by today’s announcement by the Uefa Adjudicatory Chamber,” the club said.
“The… flawed and consistently leaked Uefa process he (the Uefa chief investigator) oversaw has meant that there was little doubt in the result that he would deliver…
“Simply put, this is a case initiated by Uefa, prosecuted by Uefa and judged by Uefa.
“With this prejudicial process now over, the club will pursue an impartial judgment as quickly as possible” at Cas.
Pep Guardiola‘s City face Real Madrid in this season’s Champions League last 16.
The independent Adjudicatory Chamber of the Club Financial Control Body (CFCB) said City had broken the rules by “overstating its sponsorship revenue in its accounts and in the break-even information submitted to Uefa between 2012 and 2016”, adding that the club “failed to cooperate in the investigation”.
It has been reported that City could also face a Premier League points deduction because the league’s FFP rules are similar – although not exactly the same – as Uefa’s.
The investigation into City was based on leaked emails published last year by German magazine Der Spiegel as part of “Football Leaks”.