The Sky Blue’s appeal against their two-year ban from European competition, handed to them in February was overturned by the Court of Arbitration for Sport (CAS) this morning. Man City was found guilty by UEFA for breaching their club licensing and financial fair play regulations, but CAS found “most of the alleged breaches reported were either not established or time-barred”.
On the Court of Arbitration for Sport’s decision to overturn Manchester City’s two-year ban from European competition, La Liga president Javier Tebas has accused it of being “not up to standard”. He said: “We have to reassess whether the CAS is the appropriate body to which to appeal institutional decisions in football,” he said. “Switzerland is a country with a great history of arbitration. The CAS is not up to standard.” If City had been banned from European football for two seasons, they could have missed out on as much as £200m in lost revenue (£100m per season) on top of their original €30m fine.
Source: Sky Sports