Court of Arbitration for Sport lifts Manchester City's Champions League ban
PA Images | "The club welcomes the implications of today's ruling as a validation of the club's position and the body of evidence that it was able to present. The club wishes to thank the panel members for their diligence and the due process that they administered," City said in statement.
In the verdict, the Court of Arbitration for Sport (CAS) emphasised Manchester City's alleged breaches were not established by UEFA's Adjudicatory Chamber of the Club Financial Control Body (CFCB).
However, the club did contravene Article 56 of the Club Licensing and Financial Fair Play Regulations and will have to pay a fine of €10 million - reduced from an original €30 million.
CAS said it was not appropriate to impose a ban on participating in UEFA's club competitions on failing to cooperate with the CFCB alone.
13 July 2020 - 9:36 AM
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