The Union of European Football Associations has banned Manchester City from the Champions League for two seasons for "serious breaches" of financial regulations.
Manchester City has the right to appeal the ban.Last year's champion of the English Premier League, the club has also been fined 30 million euros by UEFA. UEFA's Champions League is the highest profile tournament in professional football, and second overall to only the World Cup. Man City is estimated to be the fifth most valuable football team in the world at $2.7B according to Forbes in 2019. The club is owned by City Football Group, a holding company owned by Abu Dhabi United Group, a private equity firm owned by Sheikh Mansour bin Zayed Al Nahyan, the deputy prime minister of the United Arab Emirates and member of the Abu Dhabi royal family. Sheik Mansour is the half brother of UAE President Khalifa bin Zayed Al Nahyan.
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