Investigators Seek Man City's Ban From Champions League

Pep Guardiola Manchester City 2018-19

"Liverpool is a very saleable product now - all the best players in the world will want to come to the likes of us; Barcelona; Real Madrid; possibly Juventus or if you want a lot of money and to play for Pep Guardiola, Manchester City".

"The New York Times report citing "people familiar with the case" is therefore extremely concerning".

City released a statement Tuesday saying the club has provided "comprehensive proof" that it did not break financial regulations, but the person said the Champions League ban is being pursued by UEFA financial investigators, confirming a New York Times report.

Manchester City could be banned from the Champions League for a season should they be found guilty of breaking financial rules, according to reports.

City were among a handful of teams targeted in media leaks towards the back end of past year, including other European heavyweights Bayern Munich and Paris Saint-Germain.

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There are eight members of the Uefa investigatory chamber of the semi-autonomous club financial control body, which oversees the monitoring of, among other things, Financial Fair Play. "The club's published accounts are full and complete and a matter of legal and regulatory record".

"Manchester City welcomes the opening of a formal UEFA investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails".

If he does sanction a year-long Champions League ban, given that Man City would nearly certainly appeal, it is unclear it would be able to be enforced in time for next season's competition.

In 2014, PSG were deemed to have breached FFP rules in a deal related to a sponsorship agreement.

A City spokesperson said: "The song in question, which has been a regular chant during the 2018-19 season, refers to the 2018 UEFA Champions League final in Kiev". It has also been mooted that Manchester United, who finished sixth in the Premier League, could even be promoted from their allotted spot in the Europa League.

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