Man City to file appeal against UEFA ban
LONDON: European football’s financial fair play rules risk being “scuppered” if Manchester City overturn their two-season ban from continental competition, according to a soccer analyst.
UEFA announced the punishment on Friday and also imposed a fine of 30 million euros ($32 million, £25 million) on the English champions for what it said were City’s serious breaches of its FFP regime.
City, however, wasted little time in responding by saying they would appeal to the Court of Arbitration for Sport (CAS) in the hope of securing an “impartial judgment”.
Since the Sheikh Mansour takeover in 2008, which put the financial might of Abu Dhabi behind them, City have won 10 major trophies — including four Premier League titles.
Yet the prize that has eluded them is the one the Abu Dhabi project most desires — the UEFA Champions League.
The Chinese government have provided City with additional backing, as has US private equity firm Silver Lake.
They are all set to ensure City has a no expense spared legal team that will challenge the validity of UEFA’s ruling.
Should City succeed, the entire FFP system could collapse, according to Professor Simon Chadwick, director at the Centre for the Eurasian Sport Industry.
“In essence UEFA has to try to win this because, if it doesn’t win or is undermined in any way, then its position on Financial Fair Play begins to unravel...FFP is scuppered,” Chadwick told Britain’s Press Association news agency.
“However, they are not taking on Wigan, they are taking on Asian governments, US tech investors and some of the smartest, most-talented people in football.
“It is transnational power versus localised governance.”
Liverpool manager Jurgen Klopp was just one of several leading football figures stunned by the severity of the UEFA punishment.
“It was a shock,” said Klopp, whose Champions League title holders are on well on course to succeed City as champions of England. “What they have done on the football pitch is exceptional. The rest, I don’t know,” added Klopp, speaking after a 1-0 win at bottom-of-the-table Norwich on Saturday saw leaders Liverpool extend their advantage over second-placed City at the top of the Premier League to 25 points.
UEFA say City have breached FFP rules that place restrictions on how much money a club can lose.
Over a three-year period, clubs are not permitted to lose more than 30 million euros with exceptions for costs such as youth development and women’s teams.
-
Prince Harry Warns Meghan Markle To 'step Back' -
Selena Gomez Explains Why She Thought Lupus Was 'life-or-death' -
New Zealand Flood Crisis: State Of Emergency Declared As North Island Braces For More Storms -
Nancy Guthrie Case: Mystery Deepens As Unknown DNA Found At Property -
James Van Der Beek's Brother Breaks Silence On Actor's Tragic Death -
Megan Thee Stallion On New Romance With Klay Thompson: 'I'm Comfy' -
Nicole Kidman Celebrates Galentine’s Day Months After Keith Urban Split -
Justin Bieber Unveils Hailey Bieber As First Face Of SKYLRK In Intimate Campaign Debut -
Caitlin O’Connor Says Fiance Joe Manganiello Has Changed Valentine’s Day For Her -
Rachel Zoe Sends Out Message For Womne With Her Post-divorce Diamond Ring -
James Van Der Beek's Final Conversation With Director Roger Avary Laid Bare: 'We Cried' -
Jaden Smith Walks Out Of Interview After Kanye West Question At Film Premiere -
Michelle Obama Gets Candid About Spontaneous Decision At Piercings Tattoo -
Why Halle Berry Wasn't Ready For Marriage After Van Hunt Popped Question? Source -
Bunnie Xo Shares Raw Confession After Year-long IVF Struggle -
Brooks Nader Reveals Why She Quit Fillers After Years