Premier League are STILL investigating Manchester City’s finances despite their successful appeal against UEFA ban… as top flight don’t have the same time restrictions as European body
- Manchester City had their two-year European ban overturned by CAS on Monday
- It was a huge victory for City, who will play in the Champions League next season
- CAS ruled that most of UEFA’s evidence was outside permitted five-year window
- It has emerged that the Premier League do not have the same time restrictions
Manchester City may have got off their European ban after a successful appeal against their UEFA sanctions, but the Premier League ‘are still investigating their finances’.
It was revealed on Monday morning that the Court of Arbitration for Sport had ruled against UEFA and upheld Manchester City’s appeal against their Champions League ban, meaning Pep Guardiola’s side are free to compete in the competition next term.
The CAS panel ruled that most of the allegations against City were ‘either not established or time-barred’, meaning they were outside the five-year window that permit UEFA from prosecuting.
Pep Guardiola and his coaches were delighted on Monday after CAS overturned their ban
City will be playing in the Champions League again next season after their ban was overturned
But now the i report that the Premier League do not have the same time restrictions on their investigations and they are still looking into City’s finances.
City’s initial punishment from UEFA – a two-year European ban and a £27million fine – came after they ruled the club had reported misleading financial information between 2012 and 2016.
That has since been reduced to no ban and a £10m fine by CAS, but City will feel it is a huge victory going into next season.
Guardiola will now have a significantly higher budget to buy players, while the lure of the Champions League is now there again for those arriving at the Etihad.
There may still be some fears behind the scenes over what the Premier League will decide as their investigation continues.
The English top flight declined to comment on its own investigation when approached on Monday.
It has emerged that the Premier League don’t have the same ‘time-barred’ rules as UEFA
Manchester City may now be worried about Premier League’s investigation into their finances