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NFT: Manchester City banned from Champions League for 2 years

Bobby Humphrey's Earpad : 2/14/2020 3:48 pm
For breaching FFP and then misleading UEFA. Also a 30M Euro fine.

Manchester City is appealing, planning to seek an independent body that it can pay off to get the ruling reversed.

PSG is up next!
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Wow  
giantBCP : 2/14/2020 3:54 pm : link
.
They Should Play  
Trainmaster : 2/14/2020 3:57 pm : link
the Astros.

:-)
Having some trouble...  
bw in dc : 2/14/2020 4:00 pm : link
completely following this situation. Just not completely cleat to me what the violation is.

But if all this is true, and the appeals process fails, I wonder how this will impact Pep's decision to stay...
Sounds like the club  
Pete in MD : 2/14/2020 4:07 pm : link
owner also owns the primary sponsor, allowing him to pump as much money into the club as he wanted through the sponsorship. Not very sophisticated IMO.
Pep to Juve  
giantBCP : 2/14/2020 4:13 pm : link
should be following soon.
quite the story here  
ColHowPepper : 2/14/2020 4:36 pm : link
funneling funds in violation of FFP and then deceiving UEFA when it began its investigation.

Stunning. UEFA watchdogs should supplant WADA

I had set up ManC last Saturday for taping, I think maybe vs West Ham, then saw in the results section of the paper that the match was postponed. I double took, what? Postponed? Was that related to this?
RE: quite the story here  
bw in dc : 2/14/2020 4:43 pm : link
In comment 14811430 ColHowPepper said:
Quote:
funneling funds in violation of FFP and then deceiving UEFA when it began its investigation.

Stunning. UEFA watchdogs should supplant WADA

I had set up ManC last Saturday for taping, I think maybe vs West Ham, then saw in the results section of the paper that the match was postponed. I double took, what? Postponed? Was that related to this?


It was weather related.
I think everyone knew they were cooking the books  
Kevin in Annapolis : 2/14/2020 4:56 pm : link
The real surprise is UEFA deciding to do something about it.

You have to wonder if PSG can't be far behind.
Will also be interesting to see  
Kevin in Annapolis : 2/14/2020 5:03 pm : link
If the Premier League take any action.
So  
Joey in VA : 2/14/2020 5:07 pm : link
Is this immediate, as in they are out of the UCL?
RE: So  
Kevin in Annapolis : 2/14/2020 5:11 pm : link
In comment 14811447 Joey in VA said:
Quote:
Is this immediate, as in they are out of the UCL?


Next year
Itís a pretty sweet deal for them  
Jim in Scranton : 2/14/2020 5:19 pm : link
except for the CL ban. Championship side QPR were fined 40 million for financial losses that breached FFP rules. Itís all a joke.
RE: Sounds like the club  
Del Shofner : 2/14/2020 7:35 pm : link
In comment 14811415 Pete in MD said:
Quote:
owner also owns the primary sponsor, allowing him to pump as much money into the club as he wanted through the sponsorship. Not very sophisticated IMO.


Per Bloomberg's report, Man City actually overstated their sponsorship revenues to UEFA, which allowed Man City to spend more on players. The overstating of sponsorship revenues (and resulting overspending on players) is what they were penalized for.
& why can't an American sports league do this?  
SFGFNCGiantsFan : 2/14/2020 7:38 pm : link
Like baseball with Astros.
RE: & why can't an American sports league do this?  
Jim in Scranton : 2/14/2020 7:59 pm : link
In comment 14811505 SFGFNCGiantsFan said:
Quote:
Like baseball with Astros.


The purpose of FFP is to make sure smaller clubs donít overspend and to make sure a City never happens again. Itís a joke of a fine. If they were serious, they would have been fined in the hundreds of millions.
The fine is inconsequential  
Bobby Humphrey's Earpad : 2/14/2020 9:14 pm : link
You are dealing with a sovereign entity here - City is essentially a wholly owned subsidiary of the UAE. Money doesn't matter.

But the Champions League ban does hurt. Pep has already been talking leaving, UCL ban may moves him further down the path, players may not come despite the high wages, etc.
RE: Pep to Juve  
bw in dc : 2/14/2020 9:25 pm : link
In comment 14811418 giantBCP said:
Quote:
should be following soon.


Maybe reuniting with Messi at Barca...?
RE: The fine is inconsequential  
Del Shofner : 2/14/2020 9:48 pm : link
In comment 14811552 Bobby Humphrey's Earpad said:
Quote:
You are dealing with a sovereign entity here - City is essentially a wholly owned subsidiary of the UAE. Money doesn't matter.

But the Champions League ban does hurt. Pep has already been talking leaving, UCL ban may moves him further down the path, players may not come despite the high wages, etc.


This. Players who want to play in CL won't come for the next couple of years, and the prestige loss is very real (albeit just two years).
Justice is served  
cosmicj : 2/15/2020 3:31 am : link
If youíre really curious, there is a long Der Spiegel article from I think 2018 about the City violations.

For those complaining about the size o& the fine, the ban from the CL has major financial consequences. That competition is a gold mine and now City canít get anything out of it.

Btw, it looks to me like DeBruyne is a shadow of his former self. Still a smart player but severe physical decline is hampering him.

Anyway, I applaud this ruling. Cheaters get punished.
RE: Sounds like the club  
dpinzow : 2/15/2020 10:09 am : link
In comment 14811415 Pete in MD said:
Quote:
owner also owns the primary sponsor, allowing him to pump as much money into the club as he wanted through the sponsorship. Not very sophisticated IMO.


Basically money laundering and financial fraud. They're also in trouble with the Premier League because they would have submitted a fraudulent license to the PL authorities (due to them cooking the books). A points deduction is apparently likely
RE: Justice is served  
dpinzow : 2/15/2020 10:15 am : link
In comment 14811608 cosmicj said:
Quote:
If youíre really curious, there is a long Der Spiegel article from I think 2018 about the City violations.

For those complaining about the size o& the fine, the ban from the CL has major financial consequences. That competition is a gold mine and now City canít get anything out of it.

Btw, it looks to me like DeBruyne is a shadow of his former self. Still a smart player but severe physical decline is hampering him.

Anyway, I applaud this ruling. Cheaters get punished.


The Champions League ban is a substantial punishment

--Many of their current players would ask for a transfer to compete in the CL because they would lose two prime years of their careers or lose the end of their career (in the case of their older players)

--Man City would have difficulty attracting players in their prime with no CL for 2 years, even though they could pay them handsomely

--Losing out on CL for 2 years is at least 200 million pounds of revenue considering that Man City is easily good enough to make the knockout rounds with their current team in the next 2 years without a ban

--Pep is almost certainly gone because the only reason he's still there is to win the CL
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