UEFA have referred Manchester City to the Club Financial Control Body (CFB) adjudicatory chamber in their ongoing investigation into breaching financial fair play (FFP) rules.
The European football governing body announced on Monday they had begun examining City’s alleged financial infringements, which could result in a one-year ban from the Champions League.
Apparently, the Premier League champions used a loophole in the FFP rules to obtain sponsorship money illegally – which they have strongly denied.
And now City’s case will be taken directly to the CFB.
“The Club Financial Control Body (CFCB) chief investigator, after having consulted with the other members of the independent investigatory chamber of the CFCB, has today decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation,” read a UEFA statement.
“The CFCB investigatory chamber had opened an investigation into Manchester City FC on March 7, 2019 for potential breaches of Financial Fair Play (FFP) regulations that were made public in various media outlets.
“UEFA will not be making any further comment on the matter until a decision is announced by the CFCB adjudicatory chamber.”
Shortly after this announcement, City released a statement on their own where it says they are “disappointed, but regrettably not surprised” by UEFA’s actions.
“Manchester City Football Club are disappointed, but regrettably not surprised, by the sudden announcement of the referral to be made by the CFCB IC Chief Investigator Yves Leterme,” read City’s statement.
“The leaks to media over the last week are indicative of the process that has been overseen by Mr. Leterme.
“Manchester City are entirely confident of a positive outcome when the matter is considered by an independent judicial body.
“The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber.
“The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City FC as part of what the club have found to be a wholly unsatisfactory, curtailed, and hostile process.”