Manchester City have filed an appeal with the Court of Arbitration for Sport (Cas) after UEFA claimed they breached Financial Fair Play (FFP) rules. Last month, the head of the CFCB’s investigatory arm, Yves Leterme, decided the Premier League champions do have a case to answer and it is understood that he has recommended they should be banned from European club competition for at least a season.
City were always set to appeal the ruling but the timing of their appeal has surprised many, with the club denying any financial wrongdoing. In a statement, sport’s highest court said: “The Court of Arbitration for Sport has registered an appeal filed by Manchester City Football Club against the Union of European Football Associations. “The appeal is filed against decisions taken by the Investigatory Chamber of the UEFA Club Financial Control Body regarding MCFC’s alleged non-compliance with UEFA’s Club Licensing and Financial Fair Play Regulations.
“An arbitration procedure will now be initiated and will involve an exchange of written submissions between the parties while a panel of CAS arbitrators is convened to hear the appeal. “Once the panel has been formally constituted, it will issue a procedural calendar. It is not possible to say at this time when the arbitral award for this matter will be issued.”Copyright © 2020 Completesports.com All rights reserved. The information contained in Completesports.com may not be published, broadcast, rewritten, or redistributed without the prior written authority of Completesports.com.