UEFA opens investigation into Man City over Financial Fair Play
ZURICH - UEFA has opened a formal investigation into Premier League champions Manchester City over potential breaches of its break-even rule known as Financial Fair Play , European soccer’s ruling body said on Thursday.
German publication Der Spiegel reported in November that City’s Abu Dhabi owners inflated sponsorship agreements in order to comply with FFP requirements. “The accusations of financial irregularities are entirely false. The Club’s published accounts are full and complete and a matter of legal and regulatory record.”
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