CAS highlighted the club’s “failure to co-operate” but the full 93-page document shed further light on how the club successfully overturned a two-year ban
“The majority of the panel finds that MCFC’s failure to co-operate with the CFCB’s investigation is a severe breach and that MCFC is to be seriously reproached for obstructing the CFCB’s investigations,” CAS said referencing UEFA’s Club Financial Control Body.CAS said City’s conduct should be “strongly condemned” and it hopes the large fine would be a “sufficiently strong deterrent” to other clubs who have to comply with Financial Fair Play rules to enter the Champions League and Europa League.
City presented evidence to the CAS panel that was not given to UEFA as well as making new witnesses available, which contributed to the decision to allow the club entry to the Champions League next season. But on the funding from an Abu Dhabi communications firm that sponsors City, CAS said in the full verdict that the “charges with respect to equity funding being disguised as sponsorship contributions from Etisalat are time-barred.”
UEFA’s adjudicatory chamber had been “comfortably satisfied” that there was “compelling evidence” based on leaked emails published in 2018 that “payments were made or caused to be made by ADUG but attributed to the sponsorship obligations of Etisalat so as to disguise the true purpose of providing equity funding,” according to details released by CAS.The club was “well aware” that the payments ...
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