The European football governing body has banned English Premier League (EPL) champion, Manchester City from participating in the UEFA Champions League for two seasons.

According to UEFA, Man City who is yet to win a continental title will also pay the fine of €30m after being found to have committed serious breaches of the UEFA Club Licensing and Financial Fair Play Regulations.”

Read Full 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.

Read More: https://allnews.ng/news/uefa-manchester-city-banned-from-champions-league