Europe’s football governing body UEFA have openly revealed their unhappiness with Manchester City’s Financial Fair Play reprieve.
In February, 2020, Manchester City was banned from the Champions League for two seasons by UEFA for “serious breaches” of spending rules and failing to cooperate with investigators in a seismic ruling against one of world football’s wealthiest clubs.
In July, 2020, The Court of Arbitration for Sport (CAS) ruled that Manchester City did not disguise equity funding as sponsorship contributions, and overturned the decision to ban the club from UEFA competitions.
However, UEFA President, Aleksander Ceferin says he wasn’t happy about the decision.
“Nobody wants to lose a case,” he told Associated Press.
“We were not happy with the decision of Court of Arbitration for Sport.
“But we have to respect the decision of the body that we agreed is the last instance in our decision-making process.
“It (FFP) is not dead and again, Financial Fair Play was successful in this case, here were some procedural things, obviously that were decisive.”
He also ruled the possibility of taking the case to the Swiss federal court for appeal.