Manchester City have successfully overturned their two-year ban from the UEFA Champions League.
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The Court of Arbitration for Sport (CAS), announced on Monday, that the club have been cleared of “disguising equity funds”.
The last season’s Premier League champions’ original fine of €30 million was also reduced to €10 million.
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UEFA Club Financial Control Body (CFCB), had issued the ban in February this year, after ruling that City had committed “serious breaches” of Financial Fair Play (FFP) regulations between 2012 and 2016.
More to follow…