UEFA probes Manchester City over potential Financial Fair Play breach

UEFA probes Manchester City over potential Financial Fair Play breach

UEFA probes Manchester City over potential Financial Fair Play breach

Manchester City are being investigated by Uefa for alleged financial fair play violations.

UEFA Club Financial Control Body opens investigation into Manchester City for alleged Financial Fair Play violations.

A potential breach of Financial Fair Play regulations has resulted in UEFA taking action with a probe into Manchester City's affairs.

UEFA said following the publication that it could re-open investigations on a case-by-case basis.

City said: "The accusation of financial irregularities is entirely false".

The articles included claims of Sheikh Mansour's City regime topping up multi-million pound sponsorship deals with Abu Dhabi companies in order to circumvent rules relating to how much money owners can put into a club.

City welcomed the investigation with a swift and robust response, insisting that the allegations were "entirely false". "The club's published accounts are full and complete and a matter of legal and regulatory record".

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City has been in trouble for breaching FFP regulations in the past.

City have always dismissed the claims as a smear campaign and have responded on each occasion with the same official statement.

Shortly after the release of UEFA's statement, Manchester City released their own in which they denied the allegations - first made public by Der Spiegel in cooperation with Football Leaks - for the first time. A statement from the Manchester side declined to address specific allegations except to say they were "an attempt to damage the club's reputation", according to The Associated Press. "This can lead to the heaviest punishment - exclusion from UEFA competitions".

The FFP rules are meant to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners.

In November, Der Spiegel alleged City had "deceived" European football's governing body.

However, FC Nordsjaelland president Tom Vernon told Politiken the club were "in compliance with all relevant football regulations".

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