According to UEFA Press release, “overstating its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016” and that they had failed to co-operate with an investigation by the Independent Adjudicatory Chamber of the Club Financial Control Body (CFCB),.
In a statement released by Manchester City said it would appeal the judgment.
“disappointed but not surprised” by UEFA’s announcement and will appeal against the punishment to CAS Manchester City is disappointed but not surprised by today’s announcement by the UEFA Adjudicatory Chamber,” City said.
Read full details below.
Club Financial Control Body Adjudicatory Chamber decision on Manchester City Football Club
Football fans has took to social media to react to the ban.
How Tottenham is celebrating Manchester City ban from Champions league: pic.twitter.com/Zzv4sA3zop
— Xhixhe (@BasedTentacles) February 14, 2020
Still don’t know how this adds up. PSG are cleared by FFP and City get banned for two years. This is a club that spent £350million on TWO players. Our record signing is £62m 🤷🏻♂️😂 It’s obvious we’ve pissed off the wrong people and it’s been bent to suit the UEFA agenda. 👀 #MCFC
— tomchadwick (@tompchadwick) February 14, 2020
Pep Guardiola ain't lifting no Champions League title with Manchester City 🤣🤣🤣 pic.twitter.com/ayfD7JubL4
— Phillix M. Kokwele 🇿🇦 (@Matome_Kay) February 14, 2020
FIFA vs Manchester City😹😹😹😹
Dragged through the European mud😹😹 pic.twitter.com/fvLOrzHWYA— 𝐄𝐆𝐎 𝐎𝐕𝐄𝐑 𝐘𝐎𝐔 🌍 (@BADASSPMF) February 14, 2020
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