In the case of Manchester City being banned from the European Football Federation (UEFA) banning champions of the Champions League and other programs in the two-season European Championship is punished for violating financial regulations. Or “Fire” Nancy Fair Play “
UEFA issued a decree after the decision of the Club Financial Control Committee (CFCB) which will come into effect in the 2020/21 and 2021/22 seasons. In addition, the “blue sailboat” has been adjusted up to 30. Millions of euros (approximately 1.020 million baht) with basic account improvements However, they have the right to file a petition with the Court of High Court (CAS).
We need to know about financial regulations. Including the time schedule for Manchester City’s financial violations
– What are the financial management rules?
UEFA wants all European clubs competing in international competitions from UEFA to have a financial balance. In other words, it is forbidden to use more than three years of income to prevent excessive financial inequality. And to prevent each team from borrowing too much and ultimately putting the team at risk of bankruptcy by using official rules since the 2011-2012 season, each club’s income must be the only money the club will receive by themselves. Such as competition revenue, TV franchise revenue, advertising, sponsoring player revenue, and awards ເບິ່ງບານສົດ
– What are the penalties for financial regulations?
In fact, the punishment is not just a deduction from playing in the UEFA program, with the punishment being divided into several levels according to the severity of the violation. For example, if there is a slight loss, be careful. The midfielder may cut points and register fewer players. And if there is a serious violation of the rules, it will immediately cut the competition, prohibit the future or seize champions
– Why is Manchester City being punished?
Manchester City have determined that they are making more money than support. And assuming that their accounts received the same amount of money in the account data they sent to Sofia between the years 2012-2016, which they did to survive sanctions. Or at least they will not lose a lot until they are severely punished without being punished
At this time, UEFA’s sanctions depend on the decisions of the Club’s Financial Conduct Committee (CFCB). CFCB is an independent organization of UEFA. (Meaning organizations can take measures without waiting for UEFA orders) and they will be due in January.
– Schedule financial operations with the city
May 24, 2014 – UEFA ordered Manchester City to pay 49 million pounds (about 1.960 million) due to failing to balance the team accounts according to financial rules but immediately paid 17 million pounds (about 680 million pounds) and another 32 million pounds. (Approximately 1,280 million pounds). In addition, they were ordered to register players in the 2014-15 football season, allowing only 21 players from the original 25 teams to register.
November 2018 – German magazine Dare Spiel reveals documents and emails on the Football League website reveal football secrets. Revealing the violation of Manchester City by citing an article stating that the city is trying to break the rules, such as forgotten account numbers. For example, when the money returned from supporters didn’t see them violating serious financial rules, which would help to get a lighter sentence or no punishment later, Manchester City said, the Dears Spiel report tried to discredit them. derogatory Said that the other side has good planning
7 March 2019 – UEFA announced a formal investigation of Manchester City’s money laundering after the media reported serious efforts to fake the Manchester City account, with City announcing that “Manchester has no problem with the UEF investigation.” We see it as a good opportunity to help stop the rumor. Caused by illegal hacking and e-mail presentations in the city is not true. The allegations that we violate financial rules are not true. The accounts disclosed by the club are legal in all respects. And according to regulations
8 March 2019 – The Premier League confirms that they are still investigating Manchester City regarding financial breach.
16 May 2019 – Investigations Officials at UEFA’s Financial Management send attorneys for Manchester City to the UEFA Disputes Committee for consideration after they complete the investigation.
June 6, 2019 – Manchester City is calling on the World Sports Court (CAS) to stop UEFA from financial investigative measures.
15 November 2019 – Manchester City fail to try to stop UEFA from checking them.
14 February 2020 – Manchester City is disqualified by UEFA from international matches that linked UEFA directly for two seasons, including seasons 2020 – 21 and 2021-22, including a fine of 24.9 million pounds (about 996 million). After UEFA determined that they violated the rules of the club. And financial regulations Manchester City later announced that they will appeal to the CAA.
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