LAUSANNE: The Court of Arbitration for Sport has indicated a conclusion to the three-day hearing into Manchester City’s appeal against a two-year ban from European competition imposed by UEFA for breaches of its financial fair play regulations.
A CAS statement said:
The hearing, initiated on 8 June 2020 in the morning, was conducted by videoconference, with participants in Lausanne and London, and expert witnesses in various countries, in accordance with the schedule planned. At the end of the hearing, both parties expressed their satisfaction with respect to the conduct of the procedure.
The Panel of arbitrators in charge of the matter, composed of Mr Rui Botica Santos (Portugal), president, Prof. Ulrich Haas (Germany) and Mr Andrew McDougall QC (France), will start its deliberations and prepare the Arbitral Award containing their decision.
The decision is expected to be issued during the first half of July 2020. The exact date will be communicated in advance.
The CAS arbitration concerns an appeal filed by Manchester City FC against the decision of the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB) dated 14 February 2020 in which it was deemed to have contravened UEFA’s Club Licensing and Financial Fair Play Regulations and sanctioned with exclusion from participation in UEFA club competitions in the next two seasons and ordered to pay a fine of EUR 30 million.