Manchester City’s appeal against a two-year ban from UEFA will be heard by the Court of Arbitration for Sports (CAS) on June 8-10.
Manchester City were handed the ban and fined £24.9 million on February 14 for “serious breaches” of UEFA’s Financial Fair Play and club licensing regulations, after being found guilty by an Adjudicatory Chamber of the Club Financial Control Body (CFCB).
In a statement, UEFA said Manchester City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
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Manchester City were also found guilty of “failing to cooperate in the investigation by the CFCB” and will be banned from Europe in the 2020/21 and 2021/22 seasons.
The club immediately made it clear their intentions to challenge that ruling, saying in a statement at the time that they were “disappointed but not surprised” by the verdict, describing the process as “prejudicial”.
Manchester City’s chief executive Ferran Soriano described the allegations as “false”, adding that the club “will do everything that can be done to prove so”.
The club were also fined €30 million – which currently equates to £26.35 million.
FFP was introduced by UEFA at the state if the 2011-12 season as an attempt to prevent clubs from falling into serious financial difficulty by overspending.
All clubs competing in UEFA competitions are expected to operate within their means and meet break-even targets, while dealings have to be transparent.
Earlier this month, Kevin De Bruyne admitted he will consider his future if City’s ban from European competition stands.
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“The club has told us that they will appeal the decision, and they are 100 percent convinced that they are in the right,” De Bruyne told Belgian outlet Het Laatste Nieuws.
“I have confidence in my club: if they are saying it’s true, then I believe them. We’ll wait and see what happens. Once there’s a final decision I will look at it.”
“Two-year [without Champions League football] would be long. One year is something I might be able to cope with.”
