By Simon EvansMANCHESTER, England (Reuters) – UEFA’s claim that Manchester City “disguised equity funding” from their owners was “unsubstantiated” but the club showed “blatant disregard” to the Financial Fair Play investigation, the Court of Arbitration for Sport (CAS) said yesterday.The CAS panel that heard Premier League City’s appeal published their full reasoning for overturning the English club’s two-year ban from European football earlier this month.The decision allows City to compete in next season’s elite Champions League competition. Sport’s highest court also reduced the fine for City’s failure to cooperate with UEFA to 10 million euros ($11.72 million) from 30 million euros.European soccer’s governing body UEFA ruled in February that City had committed serious FFP breaches and failed to cooperate with its investigation.The FFP regulations are designed to stop clubs running up big losses through spending on players. They also ensure sponsorship deals are based on their real market value and are genuine commercial agreements and not ways for owners to pump cash into a club to get around the rules. UEFA opened an investigation into City in March 2019 after the publication of ‘Football Leaks’ documents led to allegations that the club’s Abu Dhabi owners inflated sponsorship agreements to comply with the FFP requirements.The leaked documents included club emails which referred to money being “routed” through sponsors. CAS ruled that the leaked documents could be used as evidence but noted that they did not prove the existence of any actual transactions that broke UEFA’s rules and no evidence was produced that such payments were carried out.The court also pointed out that the leaked emails were distributed internally and not sent to sponsors or other parts of the club’s United Arab Emirates-based owners.The panel also said that some of UEFA’s charges related to material that was over five years old and was therefore time-barred according to UEFA’s own rules. City did not supply UEFA’s investigation with the original emails related to the leaked documents but CAS also noted that UEFA did not “pursue” that evidence before the hearing.“UEFA’s approach in this regard is understood, because it was faced with a dilemma between trying to obtain additional evidence and having an award issued before the start of the 2020-2021 UEFA club competitions season,” said the CAS panel.Explaining the decision to overturn the ban, CAS said that the charge of “dishonest concealment of equity”, which was unproven, was more serious than the failure to cooperate with UEFA’s investigation.“The majority of the panel therefore does not consider it appropriate to impose any ban … for MCFC’s failure to cooperate with the investigations alone,” the judgment concluded.
Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (2) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +1 Vote up Vote down G Sugar · 303 weeks ago Did this maybe happen on Wed? Report Reply 0 replies · active 303 weeks ago 0 Vote up Vote down Mo67 · 303 weeks ago Was the driver ticketed for this?? Report Reply 0 replies · active 303 weeks ago Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments Wellington City and Sumner Cable official erect poles west of town due to wire mishap Thursday evening.Sumner Newscow report â€” An oversized load getting caught on utility wires west of Wellington is the reason for the power outage at several homes on the northwest corner of Wellington.Around 7:30 p.m. or precisely the bottom of the first inning of the Kansas City Royal World Series game, the electricity went off and stayed off for about 30 minutes.Wellington Interim City Manager Shane Shields said a trucker had pulled off the side of the road on U.S. 160 and the top of the oversize load on his trailer snagged utility lines and breaking off a couple of poles in the process at the KDOT gravel pit a half mile west of Wellington.The result was an electrical outage in west Wellington for about 30 minutes. No other part of town was affected. Shield said the electric crew was out there with repairs for four hours. This morning new poles are being set.Follow us on Twitter.