Current English Premier League Champions, Manchester City have been banned from the UEFA club competitions for the next two seasons by UEFA and fined €30m (£25m) after they were found to have seriously misled European football’s governing body and broken financial fair play rules.
UEFA handed down the punishment to the Premier League giants for breaching Financial Fair Play rules.
In a statement, UEFA said City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
The club was also found guilty of “failing to cooperate in the investigation by the CFCB” and will be banned from Europe in the 2020/21 and 2021/22
If Manchester City finish in the top four and their ban is upheld by the apex global sports court, CAS, it would mean a Champions League place would go to the team who finish fifth in the Premier League.
UEFA rule 4.08 states: “A club which is not admitted to the competition is replaced by the next best-placed club in the top domestic championship of the same association, provided the new club fulfils the admission criteria.
