City approach UEFA deadline

Manchester City have until Friday to negotiate a 'settlement' with UEFA for breaching Financial Fair Play rules, after it emerged the club faces a £50m fine and cut to its European squad.

Last Updated: 07/05/14 at 14:50 Post Comment

Manchester City are facing UEFA sanction

Manchester City are facing UEFA sanction

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

If no agreement is reached, then City could potentially face tighter sanctions than those put forward by UEFA's investigatory panel, with the matter referred to UEFA's Club Financial Control Body adjudicatory chamber.

The panel could conceivably decide to impose an even tougher punishment, which could even see the club banned from next season's Champions League competition.

City's only remaining option would be the Court of Arbitration for Sport, which could see the case dragged into next season.

UEFA told Sky Sports News: "The Adjudicatory Chamber and CAS are ready to take their responsibility and are aware of the football calendar."

It is unclear if any punishment would be suspended whilst the process was ongoing.

UEFA have been looking over the accounts of 236 clubs that qualified for European competitions in the 2011-13 seasons. Manchester City are one of 9 clubs that have been offered 'settlements' after the club recorded losses of £149 million over the past two seasons.

Football finance expert David Bick has criticised UEFA, saying their FFP process should be more transparent: "When you publish a new set of rules, you thereafter quickly announce what the penalties will be depending on what the misdemeanour is.

"But these rules were agreed in principal five years ago in 2009 and we still haven't seen a tariff or a list that will be applied depending on the level of alleged wrongdoing.

"That can't be right. It's not fair or just".

It is unclear what UEFA will do with the money received from the punishments and Sky Sports News was told: "Nothing has been decided on fines yet."

Manchester City have made no comment.

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

A

ll he wants are sharks with frickin lazers on their heads. Is that too much to ask?

mufc phil
Bomb threat on FIFA D-day

W

hy is the dinosaur trying to hold on to this.... Just leave... No one wants you in this position you corrupt loser. Let someone else take over....

arsenal121
Defiant Sepp blames minority

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

Footer 365

Bomb threat confirmed on FIFA election day in Zurich

A bomb threat and a political protest have disrupted FIFA's congress on the day Sepp Blatter's critics hope will signal his exit.

Jack Warner hits out at USA after being charged in corruption case

Former FIFA vice-president Jack Warner has hit out at the United States after he was charged in a US corruption case.

FA chairman Greg Dyke calls for possible Russia 2018 boycott

FA chairman Greg Dyke wants UEFA nations to consider pulling out of the World Cup finals in Russia in three years' time.

Mail Box

Players Must Stand Up For Qatar Boycott

Players, not bureaucrats, hold the key to boycotting Qatar. Also in the afternoon mailbox: Wenger is right to rotate, Zlatan can dribble, and it's Barca v Ajax in the budget final...

What Would You Do If You Were Blatter?

Step into Sepp's shoes, is the invitation from one mailboxer. Also: United already have their new number one, Rodgers deserves time, and the best Budget XI so far...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company