Manchester City says they are “disappointed, but regrettably not surprised”after being referred to UEFA’s financial control body adjudicatory chamber.
Uefa investigators want City to be banned from the Champions League for a season if they are found guilty of breaking Financial Fair Play (FFP) rules which is alleged that City inflated the value of a multimillion-pound sponsorship deal. .
The English champions who were fined £49m in 2014 for a previous breach of regulations has denied the allegations and says the irregularities remains entirely false.
Former Belgian prime minister Leterme, chairman of the investigatory panel of UEFA’s independent financial control board (CFCB IC), says his team had looked at evidence first uncovered in a series of leaks published by a German newspaper Der Spiegel last year.
UEFA said Leterme having consulted with the other members of the independent investigatory chamber, decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation”.