Manchester City are set to be hit with Uefa sanctions imminently after the governing body confirmed the investigation into potential financial fair play breaches has concluded.
In response to the latest Uefa announcement, City said in a statement that:
”Manchester City Football Club is disappointed, but regrettably not surprised, by the sudden announcement of the referral to be made by the CFCB IC Chief Investigator Yves Leterme.
The leaks to media over the last week are indicative of the process that has been overseen by Mr. Leterme.
Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body.
The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City FC to the Chamber.
The decision contains mistakes, misinterpretations and confusions fundamentally borne out of a basic lack of due process and there remain significant unresolved matters raised by Manchester City FC as part of what the Club has found to be a wholly unsatisfactory, curtailed, and hostile process.”
The club, which is thought to be facing a one-year ban from the Champions League, will learn its fate from the Club Financial Control Body’s (CFCB) adjudicatory chamber, which is now reviewing the investigation’s findings.
It is unusual for the adjudicatory chamber to rule against the conclusions of chief investigator Yves Leterme and a decision can be expected within days at the most.