(REUTERS) - English champions Manchester City have been referred to an independent judicial chamber following an investigation into alleged breaches of Financial Fair Play (FFP) regulations, European football's governing body Uefa said on Thursday (May 16).
Uefa had opened an investigation into City over potential breaches of its break-even rule in March, after German publication Der Spiegel reported that the club's Abu Dhabi owners inflated sponsorship agreements to comply with FFP requirements.
"The Club Financial Control Body chief investigator (Yves Leterme)... has decided to refer Manchester City FC to the CFCB adjudicatory chamber following the conclusion of his investigation," Uefa said in a statement.
City released a statement soon after, saying the Premier League champions were "disappointed, but regrettably not surprised, by the sudden announcement of the referral"
FFP rules are intended to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners and clubs that have breached the rules can be barred from European competition.
"Manchester City is entirely confident of a positive outcome when the matter is considered by an independent judicial body," the club added.
"The accusation of financial irregularities remains entirely false and the CFCB IC referral ignores a comprehensive body of irrefutable evidence provided by Manchester City to the Chamber.
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"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 as part of what the club has found to be a wholly unsatisfactory, curtailed, and hostile process."
City, who won the English Premier League title last Sunday, are seeking an unprecedented domestic treble when they face Watford in the FA Cup final on Saturday.
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It will be ironic if Chelsea supporter's stubbornness and unwillingness to embrace change might prove to be the undoing of a manager who is stubborn and unwilling to change. But ultimately whether Sarri gets the time he needs to make this work will, as ever, depend on the patience, or lack of it, from the man at the top; Roman Abramovich.
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Pep Guardiola wants the pain of Manchester City's gut-wrenching Champions League elimination at the hands of Tottenham Hotspur to inspire a charge for an unprecedented domestic treble.
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Maurizio Sarri says he is not worried about Chelsea's looming transfer embargo, insisting he has confidence in his squad as he targets a top-four finish in the Premier League. The Stamford Bridge club, who host London rivals West Ham on Monday, are fifth in the table, level on 63 points with fourth-placed Arsenal, who have a game in hand.
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PARIS (AFP) - Gianluigi Buffon will leave Paris Saint-Germain this summer after it was agreed to not renew the former Italy captain's contract, the French champions announced on Wednesday (June 5)..
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