Categories: General Sports News

Champions: UEFA expels Manchester City from the Champions League the next two seasons | Champions League 2019

Friday,
14
February
2020

20:28

Pep Guardiola, City coach, in the last Champions.

Phil Noble REUTERS

“Of course, we can do what we want.”

In the spring of 2013, Simon Pearce, manager of Manchester City, reassured with those words to Spanish Jorge Chumillas, the club's financial officer, who had just discovered a problem: the dismissal of the coach Roberto Mancini It left a vacancy in the budgets of 9.9 million pounds and, if they closed the year, they would breach the UEFA Financial Fair Play. For the first time since the Sheikh of Abu Dhabi Mansour bin Zayed Al Nahyan I bought the City in 2008, there was a high risk of sanction. But the solution was blunt: three of the club's sponsors from Abu Dhabi, Etihad Airlines, Aabar and the Ministry of Tourism will retouch their already signed contracts to add the necessary 9.9 million. And ready. Chumillas asked if that could be done and Pearce's answer already knows her.

“Of course, we can do what we want.”

Through emails and documents, the German magazine Der Spiegel uncovered in November 2018 the fraudulent practices of Manchester City and a year and a half later, this Friday, the reaction of UEFA arrived: the British club cannot play in Europe both Next seasons and must pay a fine of 30 million euros. The regulatory body considered that the City not only skipped the financial Fair Play – which forces balance of income and expenses – but also covered up with falsehoods. Now the group can resort to the Court of Sports Arbitration (TAS), but that is already its only possible salvation. Without naming it directly, UEFA gave veracity in its punishment for the 'Der Spiegel' information that went far beyond the Mancini 9.9 million chapter and the modified contracts.

The German media investigation concludes that Sheikh Mansour had transferred large amounts of money from his Abu Dhabi United Group (ADUG) holding company to the City and had concealed those movements through sponsorship contracts with companies of his emirate. The clearest example responds to the 2014-2015 season, when Etihad Airlines was supposed to contribute 67.5 million pounds to the coffers of the club, but in reality only eight million arrived from the airline; the rest came directly from ADUG.

According to the criteria of

The Trust Project

Know more

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

Recent Posts

We sneak into Penélope Cruz’s great plan to celebrate her 50th birthday: at a Bad Bunny concert with Javier Bardem

If a week ago the party Victoria Beckham with the included reunion of the Spice…

11 mins ago

PSG, champion of France

MADRID, 28 Abr. (EUROPA PRESS) - Paris Saint-Germain was proclaimed champion of Ligue 1, the…

1 hour ago

The unknown surrounding the swearing in of the flag of Felipe VI in Zaragoza: will Don Juan Carlos be there?

Next Saturday, May 4, the King Felipe VI He has an appointment with Zaragoza. The…

2 hours ago

Real Madrid takes the lead and Barça suffers a blackout in Andorra

BAXI Manresa clung to the playoff MADRID, 28 Abr. (EUROPA PRESS) - Real Madrid beat…

3 hours ago

Victoria Federica and her romantic photograph with the pilot Albert Arenas: “The complete combi”

Victoria Federica continues with its inconsistencies. The daughter of Infanta Elena completely refuses to talk…

4 hours ago

Carlos Alcaraz: “I see myself with possibilities, but I still don’t trust my forearm”

MADRID, 28 Abr. (EUROPA PRESS) - The Spanish tennis player Carlos Alcaraz explained that his…

5 hours ago