Ferran Soriano insists Manchester City have been wrongly accused of violating the FFP regulations by the UEFA.
Manchester City chief executive Ferran Soriano has raised his voice against UEFA while claiming that City’s finances have always been ‘properly declared’.
Recently, UEFA took strict measures in punishing Man City after finding them guilty of breaching the Financial Fair Play rulings between 2012 and 2016.
UEFA’s Club Financial Control Body banned the club from taking part in European football for the next two seasons. In addition to that, they imposed a €30 million ban on City.
But Ferran Soriano has denied all of UEFA’s allegations against Man City.
Speaking on the club’s official website, the CEO also informed that they will be taking necessary action to overturn the ban.
“The fans can be sure of two things. The first one is that the allegations are false. And the second is that we will do everything that can be done to prove so,” Soriano said.
“Well, the most important thing I have to say today is that the allegations are not true. They are simply not true.
“The owner has not put money in this club that has not been properly declared. We are a sustainable football club, we are profitable, we don’t have debt. Our accounts have been scrutinized many times, by auditors, by regulators, by investors and this is perfectly clear.”