UEFA have sanctioned Manchester City with the exclusion of European competitions the next two years, as well as a fine of 30 million euros.
The penalty means that you cannot play either the Champions League or the Europa League for the 2020/21 and 2021/2022 seasons. The reason for the measure is to have broken the financial Fair Play and the UEFA licensing regulations.
The club’s financial control committee maintains that the City would have overestimated sponsorship revenue in its accounts and in the information provided to UEFA between 2012 and 2016.
The German magazine ‘Der Spiegel’ has already published some emails and documents that showed that the owner of the City, Sheikh Mansour bin Zayed Al Nahyan, Sheikh of Abu Dhabi, financed directly to the club with almost 60 million pounds annually. An amount that the club announced as a result of the sponsorship of the country’s airline, Etihad Airlines.
The estate accuses the English club of not having collaborated in the investigation. Manchester City now has the possibility of going to the TAS to try to reduce the penalty.