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Man City to miss out on £170M after being BANNED from Champions League for the next TWO seasons

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Manchester City to miss out on more than £170MILLION after being BANNED from Champions League for the next TWO seasons as UEFA announce stunning sanctions after 'serious breaches' of Financial Fair Play regulationsManchester City banned from the Champions League for the next two seasons Premier League club deemed by UEFA to have broken Financial Fair Play rules City were found guilty of having falsely inflated their sponsorship revenuesThe decision is subject to appeal, with City having also been fined £25millionCity say that they are 'disappointed but not surprised' with decision from UEFA UEFA also said City failed to co-operate with an investigation into the matter 

Manchester City will miss out on upwards of £170million after they were sensationally slapped with a two-year ban from the Champions League.

UEFA's bombshell announcement on Friday night also saw the Premier League champions fined €30million (£25m) for breaching Financial Fair Play rules. 

City are accused of lying and falsely inflating their revenue from sponsorship deals  when submitting their accounts to UEFA.  

Manchester City have been banned from the Champions League for the next two seasons

UEFA's decision will come as a significant blow to City and their manager Pep Guardiola

MANCHESTER CITY STATEMENT 

Manchester City is disappointed but not surprised by today's announcement by the UEFA Adjudicatory Chamber. The Club has always anticipated the ultimate need to seek out an independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position.

In December 2018, the UEFA Chief Investigator publicly previewed the outcome and sanction he intended to be delivered to Manchester City, before any investigation had even begun. The subsequent flawed and consistently leaked UEFA process he oversaw has meant that there was little doubt in the result that he would deliver. The Club has formally complained to the UEFA Disciplinary body, a complaint which was validated by a CAS ruling. 

'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 and will therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.' 

City earned £86m from the Champions League last season and so two years without being able to take part will see the club miss out on more than £170m. 

Even with those figures, the club only made £10m in profit for the season and so the ban is highly damaging.  

The misleading sponsorship revenue figures are what European football's governing body say are 'serious breaches' of their club licensing and Financial Fair Play regulations which they committed by 'overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016'.

In a stunning move, UEFA also said City failed to co-operate with an investigation into the matter launched by its Club Financial Control Body. 

UEFA launched a probe after documents obtained by a hacker and published in German media suggested the club had falsely inflated sponsorship deals with firms with firms linked to their Abu Dhabi ownership in an alleged attempt to circumvent UEFA's FFP rules. 

UEFA STATEMENT 

UEFA takes note of the decision of the independent Adjudicatory Chamber of the Club Financial Control Body (CFCB), issued today, which included the following summary of its content and effect to be announced as required by the Procedural Rules governing the CFCB:  

Following a hearing held on 22 January 2020 the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB), chaired by José da Cunha Rodrigues, has today notified Manchester City Football Club of the final decision on the case which was referred by the CFCB Chief Investigator.

The Adjudicatory Chamber, having considered all the evidence, has found that Manchester City Football Club committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations by overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016.

The Adjudicatory Chamber has also found that in breach of the regulations the Club failed to cooperate in the investigation of this case by the CFCB.

The Adjudicatory Chamber has imposed disciplinary measures on Manchester City Football Club directing that it shall be excluded from participation in UEFA club competitions in the next two seasons (ie. the 2020/21 and 2021/22 seasons) and pay a fine of € 30 million.

The decision of the Adjudicatory Chamber is subject to appeal to the Court of Arbitration for Sport (CAS). If Manchester City Football Club exercises that right the full reasoned decision of the Adjudicatory Chamber will not be published prior to publication of the final award by the CAS.'

As noted by the Adjudicatory Chamber, the club has the right to appeal this decision to the Court of Arbitration for Sport. Therefore, UEFA will not be commenting further on this decision at this stage.

City stars such as Raheem Sterling are set to miss out on playing in Europe's top competition

The UEFA statement added: 'The Adjudicatory Chamber has imposed disciplinary measures on Manchester City Football Club directing that it shall be excluded from participation in UEFA club competitions in the next two seasons (ie. the 2020/21 and 2021/22 seasons) and pay a fine of €30million.' 

City have reacted furiously to the development and say they will appeal to the Court of Arbitration for Sport (CAS).

A searing statement released by the club said: 'Manchester City is disappointed but not surprised by today's announcement by the UEFA Adjudicatory Chamber. 

'The club has always anticipated the ultimate need to seek out an independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position.

'In December 2018, the UEFA Chief Investigator publicly previewed the outcome and sanction he intended to be delivered to Manchester City, before any investigation had even begun. 

The subsequent flawed and consistently leaked UEFA process he oversaw has meant that there was little doubt in the result that he would deliver. 

CHAMPIONS LEAGUE BAN Q&A 

What exactly did Manchester City do wrong?

European football's governing body say City have made 'serious breaches' of their club licensing and Financial Fair Play regulations which they committed by 'overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016'.

UEFA also said City failed to co-operate with an investigation into the matter launched by its Club Financial Control Body.

Uefa launched a probe after documents obtained by a hacker and published in German media suggested the club had falsely inflated sponsorship deals with firms with firms linked to their Abu Dhabi ownership in an alleged attempt to circumvent Uefa's FFP rules.

Are they going to appeal?

City have reacted furiously to the development and say they will appeal to the Court of Arbitration for Sport (CAS).

A searing statement released by the club said: 'Manchester City is disappointed but not surprised by today's announcement by the UEFA Adjudicatory Chamber.

'The club has always anticipated the ultimate need to seek out an independent body and process to impartially consider the comprehensive body of irrefutable evidence in support of its position.'

What happens with City in the Champions League this season?

Guardiola's side will continue their Champions League campaign this season as normal.

The ban, which is being appealed, excludes City from Europe's elite competition for the next two seasons (ie. the 2020/21 and 2021/22 seasons).

City face Real Madrid at the Santiago Bernabeu in the first leg of their Champions last-16 tie on February 26.

What are their chances of success with the appeal?

AC Milan were banned from European competitions for breaching FFP rules by UEFA in 2018 for two years just like City have been now.

The Serie A club took appealed to CAS and it was appealed which allowed Milan to enter the Europa League in the 2018-19 season.

But last summer Milan were referred to UEFA's financial watchdog again and served a one-year ban from European football during the current campaign.

It will not be a surprise if something similar happens with City.

What does it mean for top four/five contenders?

One major question on the lips of many Premier League clubs is who will take City's Champions League spot if the Citizens finish in the top-four.

While UEFA and the Premier League have not confirmed what will happen regarding England's qualification spots, UEFA rule 4.08 says:

'A club which is not admitted to the competition is replaced by the next best-placed club in the top domestic championship of the same association, provided the new club fulfils the admission criteria.one potential solution is that fifth place qualifying for European's biggest club competition.'

This would mean Chris Wilder's Sheffield United - who currently occupy that fifth position in the Premier League - are in pole position to qualify for the Champions League with just over a dozen matches remaining.

What does it mean for Pep's future at the club?

Guardiola has a break clause in his contract which could see him leave City at the end of this season.

Sportsmail can reveal that the deal the Spaniard signed last year — which saw him extend his original contract until 2021 — included an agreement that he could depart at the conclusion of this campaign should certain stipulations that satisfy the club be met.

City officials are confident that, despite an underwhelming season to date which has seen City fall a hefty 22 points behind runaway leaders Liverpool, Guardiola will honour his deal.

By Jack Kinnersley 

Sergio Aguero may not play for City in the Champions League again after this season

City were found guilty by UEFA of having falsely inflated their sponsorship revenues

City say that they are 'disappointed but not surprised' with Friday's decision from UEFA

CITY'S CHAMPIONS LEAGUE RECORD 

2011-12 - 3rd in group, Europa League round of 16 

2012-13 - Group stage 2013-14 - Last 16

2014-15 - Last 16 2015-16 - Semi-finals 

2016-17 - Last 16 

2017-18 - Quarter-finals 

2018-19 - Quarter-finals 

2019-20 - Last 16 (v Real Madrid) 

The club has formally complained to the UEFA Disciplinary body, a complaint which was validated by a CAS ruling. 

'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 and will therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.'

LaLiga president Javier Tebas was quick to air his thoughts on social media insisting UEFA's decision is 'better late than never'. 

He wrote: 'UEFA is finally taking decisive action. Enforcing financial fair play rules and punishing financial doping is essential for the future of football. 

'We've been asking for severe action against Manchester City and Paris Saint-Germain for years. Better late than never.' 

Social media was dominated by talk of City's two-year ban from UEFA competition.  

UEFA said City failed to co-operate with an investigation into the matter launched by its Club Financial Control Body

City have been involved in the Champions League each season since the 2011-12 campaign

Many used the opportunity to poke fun at Arsenal who appear unlikely to capitalise on the extra spot, with the Gunners currently languishing in tenth. 

Gary Lineker joked he is 'not sure if City can afford the legal fees' to mount the challenge.

While Arsenal fan Piers Morgan tweeted: 'Arsenal's chances of qualifying for Champions League just got 25% better.'

Rivals of City were quick to take advantage of City's Valentine's Day poem which left gaps following 'roses are red, violets are blue...' 

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