Manchester City have made an appeal to the Court of Arbitration for Sport (CAS) over UEFA’s claims they have breached Financial Fair Play regulations.
If found guilty of the charge, City could be banned from the Champions League and the club are challenging UEFA’s decision to refer them for potential financial wrongdoing.
A statement from CAS revealed City’s appeal, who deny the charges.
“The Court of Arbitration for Sport (CAS) has registered an appeal filed by Manchester City Football Club (MCFC) against the Union of European Football Associations (UEFA),” a statement from CAS reads.
“The appeal is filed against decisions taken by the Investigatory Chamber (IC) of the UEFA Club Financial Control Body (CFCB) 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.
“CAS will not provide any further information in relation to this procedure, except to issue a Media Release announcing the Panel’s decision.”
City were taken over by Sheikh Mansour in 2008, with the Abu Dhabi royal having pumped £1.3 million into the club over the last decade.
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