Manchester City have won their appeal against their two-year Champions League ban.for breaking financial fair play rules, but after their legal fire works, the decision has been overturned by the Court of Arbitration for Sport.
In reaching the ruling and the overturning of UEFA’s initial decision, CAS released its findings in a statement which read: “As the charges with respect to any dishonest concealment of equity funding were clearly more significant violations than obstructing the CFCB’s investigations, it was not appropriate to impose a ban on participating in UEFA’s club competitions for MCFC’s failure to cooperate with the CFCB’s investigations alone.
A UEFA statement declared: “UEFA takes note of the decision taken by the Court of Arbitration for Sport to reduce the sanction imposed onFC by UEFA’s independent Club Financial Control Body for alleged breaches of the UEFA Club Licensing and Financial Fair Play regulations.
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