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Manchester City issues statement over Financial Fair Play sanctions case

ANI  |  Football 

English football club City on Thursday issued a statement expressing their disappointment over their Financial Fair Play (FFP) sanctions case being transferred to the adjudicatory chamber.

"City Football Club is disappointed, but regrettably not surprised, by the sudden announcement of the referral to be made by the IC Yves Leterme," City said in an official statement.

"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 statement added.

The newly crowned champions discovered in March that they were subjected to an investigation led by

There have been speculations that the club may face a one season ban from if they are found guilty of breaching regulations.

"The accusation of financial irregularities remains entirely false and the IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber," Manchester City said in an official statement.

"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," the statement added.

City have faced punishment for violating regulations earlier as well, but they never been banned from the European competition.

In 2014, the club breached the regulations and they were handed a spending cap and reduced squad.

French football also suffered a punishment the same year for the same reason.

also rolled out a statement earlier on this issue saying "The (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.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 16 2019. 17:51 IST
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