Manchester City have been referred to an independent judicial chamber following an investigation into alleged breaches of Financial Fair Play (FFP) regulations.
BENGALURU: Manchester City have been referred to an independent judicial chamber following an investigation into alleged breaches of Financial Fair Play regulations, European soccer’s governing body UEFA said on Thursday.
‘The Club Financial Control Body chief investigator … has decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation,’ UEFA said in a statement. FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners and clubs who have breached the rules can be barred from European competition.
‘The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City to the Chamber.
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