EPL champions Man City start defence of title facing risk of demotion over financial fiddling
Manchester City have been down this road before. They were banned from European competitions for two years by UEFA for alleged breaches of financial regulations in February 2020. Yet the sanction was overturned by the Court of Arbitration for Sport (CAS) in July of the same year when the court ruled “most of the alleged breaches were either not established or time-barred (outside of the organisation’s five-year statute of limitations)”. City were fined €10 million (£8.6 million or $11 million) for not cooperating with the investigation.
