10 months agoUEFA chief warns Man City risk ‘heaviest punishment’ and Champions League ban

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say UEFA chief warns Man City risk ‘heaviest punishment’ and Champions League banby Paul Vegas10 months agoSend to a friendShare the loveManchester City have been warned they risk a Champions League ban by a UEFA official.UEFA’S chief financial investigator has confirmed that City could indeed be banned from the Champions League if they are found guilty of a further breach of Financial Fair Play regulations.Yves Leterme, the head of Uefa’s independent Club Financial Control Body (CFCB), has told a Belgian publication that City may now face “the heaviest punishment”.The Daily Mail says it is claimed the Abu Dhabi United Group, the holding company which owns City, directly paid £59.5m of Etihad’s annual sponsorship, with only £8m coming from the airline.UEFA and the Premier League are investigating the claims and in an interview with Sport and Strategy Leterme has said: “If it is true what has been written, there might be a serious problem. This can lead to the heaviest punishment: exclusion from the Uefa competitions.”If the information is correct, this possibly goes against truthful reporting. The financial fair play rules are based on a system of declaration, three months after the clubs have closed their accounts, they have to deposit their figures. Then we do random checks on the truthfulness of those figures. The accounts are examined and approved internally and externally.” last_img