https://bleacherreport.com/articles/2876340-manchester-city-hit-with-2-s...
Boy, that escalated quickly.
In what has already been a "down" season for Pep Guardiola's Emirates-owned Manchester City FC, the Emirates-owned club has now been hit with a two year ban from European competitions for alleged financial fair play violations. Essentially, the European soccer governing body UEFA believes that Man City has been overreporting their revenue to allow them to overspend. Financial Fairplay (FFP) is a regulation that imposes restrictions on how much clubs can spend. Clubs aren't allowed to spend more than they can prove they make through ticket sales, merchandise, prize money, and other legitimate means. FFP was put in place specifically to stop clubs like Man City, PSG, Chelsea, or RB Leipzig who are corporate/oligarch/oil sheikh owned vanity projects from simply dumping their owner's enormous fortunes onto the field.
Manchester City, of course, plans to appeal, but there's no guarantee the appeal will work.
In the meantime, Man City is still competing in the current UCL tournament (I imagine the reason the ban hasn't come into effect immediately is less for their sake and more because disqualifying them would give their R16 opponents, Real Madrid, an unfair bye to the quarterfinals), and if they should win the whole thing, it would create a highly unusual scenario where the champions wouldn't even be eligible to compete the next year.
Thoughts? Any Man City fans here?
Any United fans who want to take this rare opportunity to gloat?