This Thursday, UEFA has opened a formal investigation towards Premier League champions Manchester City on account of potential breaches of the Fair Play Financial. The governing body of European football made the decision known in a statement published on Thursday. According to journalist Martyn Ziegler of the Times, the news represents the possibility of the team being banned from playing in the Champions League if it is found guilty of violating FFP regulations.
– The investigation will focus on several alleged violations of FFP recently made public in various media outlets. Uefa will not comment on the matter until the investigation is underway – the organization says.
If UEFA did not elaborate on the motives behind the opening of the investigation, the German newspaper “Der Spiegel” recently published documents that would show for an “injection” of money by the owner of the club, Sheikh Mansour, through sponsorship contracts with securities above what is permitted by European rules.
After the investigation became public, the English club issued a statement positioning itself.
– Manchester City hosts the opening of a formal UEFA investigation as an opportunity to clear up speculation stemming from illegal piracy and publication outside the context of the club’s emails. The accusation of financial irregularities is totally false. The club’s published accounts are complete.
It looks like things got a little bit salty for the English Paris Saint-German, didn’t it? Haha. They’re innocent until there are enough proofs to say the opposite. But it’s very strange this “fast-ascension” of Manchester City. In my opinion, if they are found guilty, they should get exemplary punishment.