Manchester City's two-year European ban has been overturned by the Court of Arbitration for Sport. The English Premier League club was sanctioned in February for "serious breaches" of financial regulations.
The news that Manchester City have escaped punishment for the most serious charge against them comes at a huge cost to UEFA. They cannot be taken seriously and Financial Fair Play is in tatters, writes Michael da Silva.
The Court of Arbitration for Sport has upheld Manchester City's appeal against a two-year ban from UEFA competitions, allowing the club to compete in next season's Champions League.
UEFA's Financial Fair Play rules contain loopholes that can be exploited by rich football clubs. According to financial expert Christoph Kaserer, Manchester City is a case in point, despite the Champions League ban.
Germany will host the final stages of this season’s curtailed Europa League, with the final to be held in Cologne. The Champions League's 'mini tournament' will be held in Lisbon, with the final on August 23.
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