Reigning premier league champions Manchester City, have been banned from the Champions League for two seasons by UEFA.
The club have also been fined £24.9million, but have announced that they will appeal the verdict.
City’s ban will come into effect from the start of next season, meaning that they will remain in this season’s competition
and will face Real Madrid in the last-16 on February 26.
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UEFA announced their decision in a statement on Friday, writing:
“Following a hearing held on 22 January 2020 theA AdjudicatoryC of the UEFA Club Financial Control Body(CFCB), chaired by José da Cunha Rodrigues, has today notified Manchester City Football Club of the final decisiono the case which was referred by the CFCB Chief
“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.
City wasted no time in responding to the ban, confirming that they will appeal as they slammed UEFA.