(REUTERS) - English champions Manchester City have been referred to an independent judicial chamber following an investigation into alleged breaches of Financial Fair Play (FFP) regulations, European football's governing body Uefa said on Thursday (May 16).
Uefa had opened an investigation into City over potential breaches of its break-even rule in March, after German publication Der Spiegel reported that the club's Abu Dhabi owners inflated sponsorship agreements to comply with FFP requirements.
"The Club Financial Control Body chief investigator (Yves Leterme)... has decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation," Uefa said in a statement.
City released a statement soon after, saying the Premier League champions were "disappointed, but regrettably not surprised, by the sudden announcement of the referral"
FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners and clubs that have breached the rules can be barred from European competition.
"Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body," the club added.
"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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"The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City as part of what the club has found to be a wholly unsatisfactory, curtailed, and hostile process."
City, who won the English Premier League title last Sunday, are seeking an unprecedented domestic treble when they face Watford in the FA Cup final on Saturday.
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Liverpool manager Jurgen Klopp insists the Premier League title race is something to get excited about rather than stressed about despite seeing his side overhauled by Manchester City in the past
FIFA moved a step closer on Friday to expanding the 2022 World Cup in Qatar to 48 teams and hopes to confirm the plans in June if a suitable co-host can be found.
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Football: Watford squeeze past QPR into FA Cup last eight في February 15, 2019 sport, BERLIN (REUTERS) - Premier League's Watford were made to sweat to beat humble Championship club Queens Park Rangers 1-0 on Friday (Feb 15) and book their spot in the FA Cup quarter-finals for the second time in four seasons.
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Home/Sports/ Singapore's Akbar is greatest coach in I-League, Singapore's Akbar is greatest coach in I-League, Soccer Information & High Tales. waka 2 days ago.
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Tough summer for EPL chasing pack LONDON • Liverpool's attempt to dethrone Manchester City as Premier League champions ended in glorious failure on Sunday, but at least Jurgen Klopp's team proved it was possible to take the title race to the wire.
Soccer-City and Liverpool leave chasing pack facing tough summer
"I've got five Champions Leagues, you have none," was Cristiano Ronaldo's icy response as he rushed through Atletico Madrid's Wanda Metropolitano mixed zone Wednesday night, after the former Real Madrid star's return to his old city had gone disastrously for both him and his new team, Juventus.
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LONDON: Manchester United announced on Friday that midfielder Marouane Fellaini has left the club to join China's Shandong Luneng on a permanent transfer. The Belgium international, 31, arrived at Old Trafford from Everton in August 2013 and went on to make 177 appearances throughout five-and-a-half seasons at United, scoring 22 goals.
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Ronaldo '1,000%' sure of staying. Juventus coach Massimiliano Allegri embracing Cristiano Ronaldo, both with their heads covered in foam, after the Italian club sealed their eighth consecutive
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Jan 16, 2019 · Son Heung-min helps South Korea beat China 2-0 at Asian Cup. Son Heung-min earned a penalty and then assisted on his team's second goal to help South Korea beat China 2-0 at the Asian Cup
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ABU DHABI (REUTERS) - Japan coach Hajime Moriyasu was naturally disappointed that his side missed out on a winning a fifth Asian Cup title on Friday (Feb 1) but believes the improvement of the
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Memphis Depay dazzled for the Netherlands with a brace and two assists as they cruised past Belarus 4-0 in their opening Euro 2020 qualifier on Thursday despite having to play the final 20 minutes
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Can Barcelona end Real Madrid's title hopes in El Clasico? by Daily news channel ----- Pictures and sounds do not belong My ownership. If you are the owner you can remind me. To take my video
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