(1:27)City were originally banned from European competitions for two seasons but won their appeal to CAS, meaning fifth place in the Premier League will no longer qualify for the Champions League. © 2020 Guardian News & Media Limited or its affiliated companies. Man City chairman Khaldoon Al Mubarak sends message to Uefa after CAS ban victory The two-year Champions League ban marked a low point in relations between Manchester City … “So we will continue down that road.“The age bracket, we are always looking at it as a priority for the first team, in that 20-25 year old category, that’s kind of the spot that we like. "UEFA will be making no further comments on the matter. "However, considering i) the financial resources of MCFC; ii) the importance of the cooperation of clubs in investigations conducted by the CFCB, because of its limited investigative means; and iii) MCFC's disregard of such principle and its obstruction of the investigations, the CAS Panel found that a significant fine should be imposed on MCFC and considered it appropriate to reduce UEFA's initial fine by 2/3, i.e. Manchester City have won their appeal against their two-year ban from UEFA competitions and will play in the Champions League next season.
The Club wishes to thank the panel members for their diligence and the due process that they administered.
The CAS said that most of the alleged breaches were not established or time-bound.The Club Financial Control Body (CFCB) had previously found that City "committed serious breaches" of FFP regulations -- which limit the net losses that clubs can accrue over a three-year period -- between 2012 and 2016 and failed to cooperate with the subsequent investigation.City took their case to CAS on June 8 after the initial ban and fine were issued to them by the adjudicatory chamber of the independent CFCB.On Monday, the CAS statement said that charges related to concealment of equity funding "were clearly more significant violations than obstructing the CFCB's investigations," so it felt it was not appropriate to impose a ban on participating in UEFA's club competitions.
Manchester City star Aymeric Laporte has explained that he's 'very happy' at the Etihad Stadium with Pep Guardiola, amid transfer fears among fans over the UEFA-imposed Champions League ban. “It is an important competition. "Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and UEFA and ECA [European Club Association] remain committed to its principles," a UEFA statement read. "A Manchester City statement on Monday read: "Whilst Manchester City and its legal advisors are yet to review the full ruling by the Court of Arbitration for Sport (CAS), the Club welcomes the implications of today's ruling as a validation of the Club's position and the body of evidence that it was able to present. Mark Ogden reacts to the CAS overturning UEFA's decision to ban Man City for breaching financial fair play. Reaching the quarterfinals of the Champions League last season earned City €93 million in prize money and television rights. How I can help this club compete in this competition and win it and how to have a constructive relationship with UEFA, I think it’s the only way to go.”Pep Guardiola has already started to strengthen his squad with the additions of “If you look at the acquisitions we have made over the past couple of years, there’s a consistency in the type of player we have targeted in terms of age and quality,” he added. Manchester City have been cleared to play in the Champions League next season after the Court of Arbitration for Sport (Cas) overturned their two-year ban from European competitions. “Life is too short to carry grudges,” he said. A brief statement issued on Wednesday afternoon noted that “both parties expressed their satisfaction with respect to the conduct of the procedure.” The COVID-19 crisis has complicated proceedings, with the hearing conducted by video-conference with participants in Lausanne and London and witnesses in various other locations. Without that, City would have to reduce costs if it is not to fall afoul of FFP regulations again–and that, of course, will make it even harder to keep or attract players already having doubts given the lack of European football.On the other hand, if City is reprieved, then the FFP regulations would have effectively been proved toothless. Manchester City’s chairman, Khaldoon al-Mubarak, has said there is no grudge against Uefa after City won the case in July at the court of arbitration for sport, overturning the Yet Mubarak claimed there was no long-term damage. Manchester City’s 2-year ban from the Champions League thwarts its organizational mission to dominate Europe, and puts its immediate future in … Normally it would just be the top four, but if City is disqualified, then it would open the door for another entrant.This case differs, in circumstances if not in substance, from that brought against Paris Saint-Germain two years ago. “There are additional players we will be bringing in.”Oleksandr Zinchenko interrupted his wedding day to clarify his wife’s claim that City’s Champions League defeat by Lyon last month was Pep Guardiola’s fault.Guardiola’s team selection – leaving out Phil Foden, Bernardo and David Silva – and his 3-5-2 shape was pointed to.
"We have to reassess whether the CAS is the appropriate body to which to appeal institutional decisions in football," he added.
"City are also still able to compete in this season's Champions League. Manchester City's Champions League ban lifted by Cas but club fined €10m. The chairman expressed relief, suggesting City players have previously missed out because of the club they represent.“It was a combination of being pleased but also a bit relieved,” he said. [ MORE: New …
We clearly have a way of doing business in terms of targets that are well defined but at the same time, we’re pragmatic enough to take the opportunity if that opportunity comes up.”Al Mubarak also said it was a relief as well as a pleasure to see The Belgian becomes the first City player to win the award and the City chairman admitted he was worried the club’s stars were being overlooked after failing to have a winner in their four title-winning seasons.“I was very pleased, very pleased because it is so well deserved,” Al Mubarak said.
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