FFP IS REAL!
After nearly a yearlong investigation into Manchester City’s financial shenanigans, UEFA have announced a two-year ban from the Champions League, starting next season, and a €30 fine for the state-sponsored entity.
Breaking - UEFA announce two year CL ban for Manchester City and 30m Euro fine. City sure to appeal to CAS— Martyn Ziegler (@martynziegler) February 14, 2020
City’s shady finances and self-sponsorship deals were a frequent topic of conversation and jokes — especially as Chelsea went to great lengths to comply with FFP — but we had assumed all along that UEFA were never really going to enforce their own rules, let alone come down with proper punishments for the offenders — certainly not the big teams: they may have banned teams from, say, Turkey before, but surely not a widely known team like Manchester City! (PSG quaking in their boots meanwhile?)
Obviously, Manchester City will be expected to appeal this decision, and it may even get reduced as a result by either UEFA or, eventually, by CAS, but just the fact that UEFA have smacked City with a strong backhand brings a smile to our FFP-loving faces.