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After court battle, Man City look to make peace with UEFA


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After court battle, Man City look to make peace with UEFA

By Simon Evans

 

2020-08-24T153123Z_1_LYNXMPEG7N1AB_RTROPTP_4_SOCCER-ENGLAND-MCI-UEFA.JPG

FILE PHOTO: Soccer Football - Premier League - Manchester City v Burnley - Etihad Stadium, Manchester, Britain - October 20, 2018. Manchester City badge. REUTERS/Darren Staples

 

LISBON (Reuters) - Manchester City chairman Khaldoon Al Mubarak said his club wants to develop a "constructive relationship" with European soccer's governing body UEFA after the end of their bitter legal battle over financial rules.

 

UEFA had banned City from European competition for two years after ruling they had breached Financial Fair Play (FFP) regulations but City won an appeal last month to have that verdict and sanction overturned.

 

The Premier League club was, however, fined 10 million euros ($11.84 million) for non-cooperation with the UEFA probe into their financial declarations.

 

City had issued strong condemnations of the investigation but in an interview with the club's website on Monday, Khaldoon struck a different tone when focusing on UEFA's Champions League, where Pep Guardiola's side were knocked out in the quarter-finals by Olympique Lyonnais.

 

"Life is too short to carry grudges. It is an important competition. It is one of the most prestigious competitions in the world of sports and it is a competition we want to win and it is a competition we have to respect in order to win," he said.

 

"And this was a challenge, it’s behind us, end of story as far as I am concerned, I am focused on one thing. How I can help this club compete in this competition and win it and how to have a constructive relationship with UEFA, I think it’s the only way to go."

 

City, one of the biggest spenders in European soccer, have already been busy in the transfer market, bringing in defender Nathan Ake from Bournemouth for a reported 40 million pounds ($52.56 million) and 20-year-old Spanish winger Ferran Torres from Valencia in a deal reportedly worth some 20 million pounds.

 

Khaldoon said the club had moved quickly to get those deals done but added that more new faces could be arriving.

 

"We don’t take a one-year view, we take a three, five, 10-year view and when we look at what changes or improvements we have to make for this squad, we’re going to make them and we’ll be sensible and pragmatic about it but we will do what it takes," he added.

 

"There are additional players we will be bringing in and we will stick to the plan, obviously within the realities of the market that we live in today," he said.

FFP regulations aim to stop clubs running big losses buying players. They also ensure sponsorship deals are based on real market value and are genuine commercial agreements and not ways for owners to pump cash into a club to get around the rules.

 

($1 = 0.8443 euros)

 

($1 = 0.7610 pounds)

 

(Reporting by Simon Evans; Editing by Ken Ferris)

 

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-- © Copyright Reuters 2020-08-25
 
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5 hours ago, jesimps said:

Bang on! A huge brown envelope has changed hands there. Mind you, silly money has brought an average club with poor support success, so why shouldn't it bale them out of this situation.

 

 

Get your facts right. It was UEFA who banned us, so we couldn't have bribed them could we? As for the rest of your trollish post, I'll leave it and just ignore

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5 hours ago, Phuketshrew said:

It didn't do the cheats much good in the CL though did it?

 

Som Nam Na ....

 

What was it they won this last season?

 

Who do you support? We won the League Cup, which although isn't as good as we have done in recent times, we would have snapped your hand off for it 10 years ago. We still know where we came from and are happy with any trophy

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