Football

Guardiola considering exit amid Manchester City’s Ban

Premier League side Manchester City was slammed with a two-year ban by UEFA governing body on Friday night due to a breach in the financial fair play rules which shocked the world the football.

However, it is understood that manager Pep Guardiola will consider his future elsewhere in the summer unless the club can turn around the ruling, which is seriously against breaches in payment by executives.

Following the news of the ban, the current Premier League Champions immediately came up with a plan to appeal after they were left devastated by punishment dished out by the UEFA body, which will take full effect by the beginning of next campaign. In addition to the ban, UEFA added a fine of €30 million.nthey have been investigating City for over a year now.

Manchester City made a false declaration of the financials when the Arab owners made a £60m payment directly to the club but declared it as a sponsorship.

UEFA had been considering a ban for the Manchester-based club for over a year now, but after lack of cooperation by the City hierarchy, it seems the ban has been extended for two seasons now.

City Chief Executive Officer Ferran Soriano has called for an emergency crisis talks following the return of the players from the winter break. The city is in danger of facing the hammer from Premier League FA as a potential point deduction looks ahead.

Premier League Chief Executive Richard Masters has refused to make comments on the domestic investigations as the same allegations made by UEFA.

If City’s appeal falls on deaf ears, the fourth Champions League spot will be occupied by the team in the fifth position according to the UEFA regulations, and that’s if City remains in the top four.

UEFA’s Adjudicatory Chamber made the ruling of the punishment to City of the Club Financial Control Body [ CFCB], which was based on the findings that the City overstated its sponsorship revenue in its account and the break-even information submitted to UEFA between 2012-2016.

It remains to be seen if the Court Arbitration for Sports [CAS] will overturn the ruling made by the CFCB to City, and if it fails, City will have no option than to serve the ban.

Written by: Olumide Akinnifesi

About the Author


Written by DafaNews

DafaNews brings you the most highlighted news in the world of Sports. It serves you up-to-date matches, scores, live streams, fantasy games and quizzes. Our news covers prestigious leagues and events – Premier League, Champions League, World Cup and many more.

Related Post
Share
Published by
DafaNews

Recent Posts

Golden State Warriors Top NBA Franchise Value List, Surpassing $9 Billion

The Golden State Warriors, New York Knicks, and Los Angeles Lakers dominate not only on… Read More

December 19, 2024

Liverpool Seals League Cup Semifinal Spot with 2-1 Win Over Southampton

Liverpool secured its place in the League Cup semifinals with a hard-fought 2-1 victory over… Read More

December 19, 2024

Gabriel Jesus hat-trick sends Arsenal to Carabao Cup semifinals

Gabriel Jesus was on the hat-trick on Wednesday evening at Emirates Stadium as Arsenal secured… Read More

December 19, 2024

Sergio Perez departs Red Bull

Sergio Perez has officially parted ways with Red Bull Racing, concluding a four-year tenure marked… Read More

December 19, 2024

Real Madrid claims FIFA Intercontinental Cup title with 3-0 win over Pachuca

Real Madrid has emerged victorious in the inaugural FIFA Intercontinental Cup, defeating Mexican side Pachuca… Read More

December 19, 2024

Dortmund eye on-loan Bayern Munich youngster after impressive performances

Bayern Munich young star Paul Wanner is garnering significant interest from several clubs as he… Read More

December 19, 2024