Man City banned from European tournaments for two seasonsFebruary 15, 2020 - 10:43 AMT PanARMENIAN.Net - The Union of European Football Associations (UEFA) declared on Friday, February 14 it has banned Manchester City from European competitions for two seasons for “serious breaches” of financial regulations, CNBC reports. The club, the 2019 champion of the English Premier League, was also fined 30 million euros ($33 million) by UEFA. The organization declared that the club “committed serious breaches” of UEFA’s licensing rules and Financial Fair Play Regulations, including “overstating its sponsorship revenue in its accounts” for five years. Manchester City, also known as “Man City,” has the right to appeal the ban. “Manchester City is disappointed but not surprised by today’s announcement by the UEFA Adjudicatory Chamber,” the club said in a statement. The club also sharply criticized UEFA’s investigative process in its statement, saying the process was “flawed and consistently leaked,” so “there was little doubt in the result.” UEFA’s ruling would prevent Man City from playing in any European tournaments until the 2022-2023 season. The club is currently competing in UEFA’s Champions League, which is the highest profile tournament in professional football, and second overall to only the World Cup. Top stories Armenian gymnast, Olympic bronze medalist Artur Davtyan has reached the finals of the World Cup. Gor Manvelyan has denied reports alleging that he has expressed a desire to one day play for the French national team. Roma midfielder Henrikh Mkhitaryan is not considering FC Spartak Moscow as his next haven, according to fresh reports. 10 Armenian lifters will compete in the 2021 World Championships scheduled to be held from 7 to 17 December in Tashkent. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |