Manchester City’s two-year ban from the Champions League has been overturned on appeal by the Court of Arbitration for Sport (CAS).
In February, the independent Adjudicatory Chamber of UEFA’s Club Financial Control Body (CFCB) found City guilty of “overstating its sponsorship revenue in its accounts and in the break-even information submitted to Uefa between 2012 and 2016”.
The findings also noted that City “failed to cooperate in the investigation” and ruled that the club should be banned from European football for the next two seasons and fined €30million (£26.9million).
In response, City claimed they had not received a fair hearing and took an appeal to the CAS.
And at 9:30 on Monday morning, the verdict from the three-day appeal hearing which took place in June was announced, with the CAS siding with City.
They will now be allowed to play in the Champions League and have seen their €30million fine reduced to just €10m.
Source : Pulsenewsgh.com