Manchester City’s appeal against a two-year ban from European football will to be heard by the Court of Arbitration for Sport (CAS) on June 8-10.
City were handed the ban and fined £24.9m on February 14 for “serious breaches” of UEFA’s Financial Fair Play and club licensing regulations, after being found guilty by an Adjudicatory Chamber of the Club Financial Control Body (CFCB).
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In a statement, UEFA said City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
The club were also found guilty of “failing to cooperate in the investigation by the CFCB” and will be banned from Europe in the 2020/21 and 2021/22 seasons.
The club immediately made clear their intentions to challenge that ruling, saying in a statement at the time that they were “disappointed but not surprised” by the verdict, describing the process as “prejudicial”.
City’s chief executive Ferran Soriano described the allegations as “false”, adding that the club “will do everything that can be done to prove so”.
The club were also fined €30m – which currently equates to £26.35m.
FFP was introduced by UEFA at the start of the 2011-12 season as an attempt to prevent clubs falling into serious financial difficulty by overspending.
All clubs competing in UEFA competitions are expected to operate within their means and meet break-even targets, while dealings have to be transparent.
Earlier this month, Kevin De Bruyne admitted he will consider his future if City’s two-year ban from European competition stands.
“The club has told us that they will appeal the decision, and they are 100 per cent convinced that they are in the right,” De Bruyne told Belgian outlet Het Laatste Nieuws.
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