Manchester City will play in next season’s Champions league after the Court of Arbitration for Sports overturned the earlier ban placed on the club by UEFA for breaching the FFP rule.
According to Kaveh Solhekol, he said, “CAS has issued it’s decision in the proceeding between Manchester City and UEFA. The case concerned an appeal filed by Manchester City against the decision of UEFA’s club financial control body, in which it was deemed to have contravened the FFP rule and it was banned for two seasons and fined 30 million Euros.
“The panel of Arbitrators, following the hearing, they concluded that the decision issued on Feb 14 by UEFA should be set aside and replaced by a fine of 10 million euros UEFA within 30 days as from the date of issuance of the arbitrary award.”
This is a massive relief for the owners, directors at the club, coach Pep Guardiola, the players and everybody connected to the football club as some media houses were already linking the coach and star players with a move away from the club.
Manchester City are still in contention to win this season’s Champions League after defeating Real Madrid in the first leg of the round of 16 match played in the spanish capital. The second leg comes up next month.