By Godson Ikiebey-
UEFA has confirmed that Manchester City have been referred to the Club Financial Control Body’s adjudicatory chamber for alleged breaches of Financial Fair Play regulations.
The investigatory chamber of UEFA’s financial control board have spent months examining evidence first uncovered in a series of leaks and reported by German publication Der Spiegel in 2018.
The New York Times has reported on Monday night, May 13, 2019 that a meeting two weeks ago at UEFA’s Swiss headquarters concluded with a desire to seek at least a one-season ban.
The investigatory panel’s leader, former Belgium prime minister Yves Leterme, had the final say on any submission made to a separate adjudicatory chamber and he has now given the green light.
City were fined £49million and hit with restrictions on transfer spending and their Champions League squad after FFP breaches were originally investigated in 2014, and UEFA began a new probe after further allegations about the same period were made in German publication Der Spiegel.
A UEFA statement read:
“The Club Financial Control Body (CFCB) chief investigator, after having consulted with the other members of the independent investigatory chamber of the CFCB, has decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation.
“The CFCB investigatory chamber had opened an investigation into Manchester City FC on 7 March 2019 for potential breaches of Financial Fair Play (FFP) regulations that were made public in various media outlets.
“UEFA will not be making any further comment on the matter until a decision is announced by the CFCB adjudicatory chamber”.
A club statement read:
“Manchester City Football Club is disappointed, but regrettably not surprised, by the sudden announcement of the referral to be made by the CFCB IC Chief Investigator Yves Leterme.
“The leaks to media over the last week are indicative of the process that has been overseen by Mr. Leterme.
“Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body.
“The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber.
‘”The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City FC as part of what the Club has found to be a wholly unsatisfactory, curtailed, and hostile process”.