(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.
RAHEEM Sterling's hat-trick in Manchester City's 3-1 win over Watford lifted the champions four points clear at the top of the Premier League after Tottenham Hotspur's challenge faltered again with a 2-1 loss at Southampton on Saturday. Manchester City's Raheem Sterling scores their second
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VIGO, May 4 (Reuters) - Barcelona fell to their first La Liga defeat since November as the champions were beaten 2-0 at struggling Celta Vigo after making 11 changes but forward Ousmane Dembele
Real Madrid's Gareth Bale came off the bench and coolly converted a controversial penalty to secure a 2-1 win at Levante in La Liga on Sunday as the European champions rode their luck to stay
Football: Iran and Iraq qualify for last 16 with easy wins ABU DHABI • Carlos Queiroz has warned that Iran can only get better, after Sardar Azmoun struck twice in the 2-0 win over Vietnam yesterday to ensure they qualified for the last 16 of the Asian Cup.
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Ajax, who have won the trophy four times, most recently in 1995, reached the last eight of Europe's top competition for the first time since 2003 Holder Real Madrid were sensationally knocked out of the Champions League Tuesday after being thrashed 4-1 at home by an outstanding Ajax Amsterdam who
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Liverpool manager Jurgen Klopp is relaxed about Mohamed Salah's goalscoring drought, saying the Egyptian forward remains a key part of the title chasers' attacking armoury. Salah, who scored
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Football: Klopp confirms Firmino fitness for Champions League final Roberto Firmino trained in Madrid on Friday and is fit after missing Liverpool's last three games, manager Jurgen Klopp said
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Newcastle took a huge step towards securing their Premier League survival as Ayoze Perez sealed a 1-0 win against Leicester on Friday. Rafael Benitez's side moved 10 points clear of the relegation zone thanks to Perez's first half header at the King Power Stadium. Newcastle's first away league win
Ayoze Perez heads Newcastle closer to safety in EPL
Klopp plays down Liverpool fatigue concerns ahead of season run-in. Football - Champions League - Liverpool Training - Melwood, Liverpool, Britain - April 16
Messi notches 50th career hat-trick as La Liga leaders Barcelona twice come from behind to beat Sevilla The Argentine loves to score against Sevilla as he has already netted 36 goals in 35 games
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Ali on target as Qatar stun Japan to win first Asian Cup By Nick Mulvenney Soccer Football - AFC Asian Cup - Final - Japan v Qatar - Zayed Sports City Stadium, Abu Dhabi, United Arab Emirates - February 1, 2019 Qatars Akram Afif celebrates scoring their third goal with Assim Madebo and team mates
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Champions League final may 'mess' with England: Gareth Southgate Description: Southgate's squad for this month's European Championship qualifiers has 13 players from the four clubs, including Spurs striker Harry Kane, Liverpool captain Jordan Henderson and City winger Raheem Sterling.
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