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UEFA Confirm Manchester City Could Face Champions League Ban For Financial Manipulation

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<a href= - UEFA Confirm Manchester City Could Face Champions League Ban For Financial Manipulationhoodtrends.com.ng/wp-content/uploads/2019/01/manchester-citys-etihad-stadium-with-the-new-crest-displayed-a17q9775-700×3941627547151.jpg” width=”700″ height=”394″ data-temp-aztec-id=”1846baa7-4ead-4097-b52e-b9cc753ecab5″>

UEFA have confirmed Manchester City could
face a Champions League ban should
allegations of financial manipulation be proved.
Both UEFA and the Premier League are
investigating City after emails leaked by German
publication Der Spiegel appeared to show
£59.5million, reported as coming from sponsors
Etihad airline was actually from owners Abu
Dhabi United Group.
If proved the allegations would amount to a
breach of Uefa’s financial fair play rules and,
according to the European governing body’s
head of independent Club Financial Control Body,
Yves Leterme, could lead to the ‘heaviest
punishment’ for the Premier League champions.
Speaking to Belgian outlet Sport and Strategy,
Leterme said:-
“If it is true what has been
written, there might be a
serious problem. This can lead
to the heaviest punishment:
exclusion from the Uefa
competitions.
“If the information is correct,
this possibly goes against
truthful reporting. The financial
fair play rules are based on a
system of declaration, three
months after the clubs have
closed their accounts, they have
to deposit their figures.
“Then we do random checks on
the truthfulness of those
figures. The accounts are
examined and approved
internally and externally.”


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