According to a report by The New York Times, the English club might have used sponsorship money to “cheat” UEFA’s Financial Fair Play rules.
Early this year a report by The New York Times explained how Manchester City might have used sponsorship money to get around UEFA’s Financial Fair Play rules.
And now, after the team won the English Premier League title for the second year in a row, the Times reported once again how the club might be banned from the UEFA Champions League in the case is found guilty of “cheating the system.”
“An investigation into accusations that Premier League champion Manchester City misled European soccer’s financial regulators in pursuit of its success on the field is expected to recommend that the team be barred from the Champions League, European soccer’s richest competition and the trophy the club covets most,” wrote the American newspaper.
“The investigatory panel’s leader, the former prime minister of Belgium Yves Leterme, will have the final say on the submission to a separate adjudicatory chamber, which could be filed as soon as this week. The body is expected to seek at least a one-season ban.”
“The accusation of financial irregularities are entirely false,” City said in a published statement earlier this year.
“The club’s published accounts are full and complete and a matter of legal and regulatory record.”