Official: Manchester City referred to UEFA’s FFP judges
16 May 2019
After months of investigation, Manchester City have been referred to the Club Financial Control Body’s adjudicatory chamber for breaching the rules of Financial Fair Play.
The investigation opened in March after several stories in the German magazine Der Spiegel showed Manchester City were backdating contracts and masking investments from the club owner as sponsorships.
Manchester City deny any wrongdoing and criticise the investigation, calling it a “wholly unsatisfactory, curtailed, and hostile process.”
After months of investigation, UEFA’s Club Financial Control Body (CFCB) chief investigator, Yves Leterme, has decided to refer Manchester City to the CFCB adjudicatory chamber - essentially the Financial Fair Play (FFP) judges - following the conclusion of his investigations, wrote UEFA in a short statement.
The CFCB investigatory chamber opened their investigations into Manchester City on 7th March for potential FFP breaches after German magazine Der Spiegel published a number of stories accusing the English champions of backdating contracts and deliberately trying to mask investments from the club’s owner, Sheikh Mansour Bin Zayed al- Nahyan, as sponsorships from the Abu Dhabi airline Etihad. The revelations were part of the “Football Leaks.”
Earlier this week The New York Times reported that Manchester City could face at least one season’s exclusion from the Champions League if they’re found guilty of misleading the football governing body’s financial regulators.
Manchester City deny any wrongdoing and fear they’ve not been given fair treatment. After the story in The New York Times, Manchester City released a strongly worded statement criticising the investigation led by the former Belgian prime minister, Yves Leterme.
City are not surprised
Following the story in The New York Times, UEFA’s latest announcement of City’s referral to the CFCB adjudicatory chamber came as no surprise for the Citizens.
“The leaks to media over the last week are indicative of the process that has been overseen by Mr. Leterme.
“Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body,” wrote the club in a short statement.
The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process"
UEFA writes in their statement that the referral comes after the chief investigator, Yves Leterme, consulted with other members of the independent investigatory chamber of the CFCB about the findings, but Manchester City has little faith in the chamber.
“The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber.
“The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City FC as part of what the Club has found to be a wholly unsatisfactory, curtailed, and hostile process,” wrote the club in their new statement.