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Manchester CityWins CAS Appeal, Escape Two-Year UEFA Ban
Manchester City Wins CAS Appeal, Escape Two-Year UEFA Ban
Manchester City on Monday escape the two-year UEFA ban imposed on them five months ago as CAS overturned their two-year ban from European club competitions.
Court of Arbitration for Sport (CAS) announced the club was cleared of “disguising equity funds as sponsorship contributions”.
It will be recalled that, in February this year, UEFA issued the ban after ruling City had committed “serious breaches” of Financial Fair Play regulations between 2012 and 2016.
Also, the citizenship’s fine has been cut from 30m euros (£26.9m) to 10m euros.
In delivering the ruling, CAS said City did “fail to cooperate with UEFA authorities” but overturned the decision by Uefa’s club financial control body (CFCB) to ban them.
City said the decision was “validation of the club’s position and the body of evidence that it was able to present”.
“The club wishes to thank the panel members for their diligence and the due process that they administered,” City added.
CAS’ ruling means City, who is guaranteed to finish second in the Premier League this season, will play in the 2020-21 Champions League.
In this year’s competition, Pep Guardiola’s side faces Real Madrid in their last-16 second leg at Etihad Stadium on 7 August.
They lead 2-1 from the first leg in Madrid and will face Juventus or Lyon in the quarter-finals, which will be held in Lisbon, if they progress.
The CAS statement continued: “The award emphasized that most of the alleged breaches reported by the adjudicatory chamber of the CFCB were either not established or time-barred.
“As the charges with respect to any dishonest concealment of equity funding were clearly more significant violations than obstructing the CFCB’s investigations, it was not appropriate to impose a ban on participating in Uefa’s club competitions for Manchester City’s failure to co-operate with the CFCB’s investigations alone.”
On reducing the fine, Cas said that, while it considered “the importance of the co-operation of clubs in investigations conducted by the CFCB” and Manchester City’s “disregard of such principle and its obstruction of the investigations”, the Cas panel “considered it appropriate to reduce Uefa’s initial fine by two-thirds”.
It added: “The final award with reasons will be published on the Cas website in a few days.”
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CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
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