Wednesday, May 07, 2014

Manchester City is fined £50m and squad restriction

The English Premier League football club, Manchester City, has been fined £50m and restricted their squad from 25 to 21 in the Champions League after being found guilty of breaching UEFA’s financial fair play rules. However, the fine and conditions imposed on the club has not been confirmed yet. It may be confirmed by the end of the week or early next week.
However, Manchester City has decided to appeal against the case which will be handed to a panel whose non-negotiable decision will be final. There is a high risk of facing even stiffer penalties from the CFCB’s adjudicatory panel if the panel does not agree with this decision.

The English Premier League club will have to face a tough challenge due to the reduction of their Champions League squad. However, it seems that it will not be a very big problem because Manchester City has ensured that in their squad they have eight locally-trained players.