Manchester City Banned From Champions League for 2 Seasons
Manchester City club was fined 30 million euros for seriously breaching the European soccer’s financial regulations.
Manchester City is the reigning Premier League champions, and It is one of the world’s richest soccer clubs. Now the club has been barred from the Champions League for the next 02 seasons for seriously breaching the European soccer’s financial regulations.
The decision was announced Friday by an independent financial control body of UEFA. It is said that there are multiple violations.
Manchester City has been found guilty, related to club licensing and financial fair play rules.
And the club was criticized for failing to cooperate with UEFA’s investigators and got fined 30 million euros ($32.5 million).
Uefa announce Man City banned from next two seasons of the Champions League and fined 30 million euros pic.twitter.com/yUku5PMGZ4— tariq panja (@tariqpanja) February 14, 2020
This penalty is the most unusual punishment UEFA has handed out in the decade after creating its financial fair play regulations.
Participating in the Champions League is worth about $100 million a year to the club. By missing out on it could affect the career decisions of some of the team’s star players, possible signings and even City’s coach, Pep Guardiola.