UEFA launched an investigation into a potential breach of FFP rules in March, but the Premier League champions have denied any financial irregularity.
According to a report in the New York Times, citing “people familiar with the case” UEFA will push for the club to be given at least a one-season ban from the competition, after a meeting at its Swiss headquarters two weeks ago.
On Tuesday, City issued a strongly-worded statement with concerns that someone said to be close to the investigation, conducted by the investigatory committee (IC) of the Club Financial Control Body (CFCB), has released information.
“Manchester City FC is fully cooperating in good faith with the CFCB IC’s ongoing investigation.
“In doing so the club is reliant on both the CFCB IC’s independence and commitment to due process; and on UEFA’s commitment of the 7th of March that it ‘… will make no further comment on the matter while the investigation is ongoing.’
“The New York Times report citing ‘people familiar with the case’ is therefore extremely concerning. The implications are that either Manchester City’s good faith in the CFCB IC is misplaced or the CFCB IC process is being misrepresented by individuals intent on damaging the club’s reputation and its commercial interests. Or both.
“Manchester City’s published accounts are full and complete and a matter of legal and regulatory record. The accusation of financial irregularities are entirely false, and comprehensive proof of this fact has been provided to the CFCB IC,” a club statement read.
EPL: Lampard to replace Sarri as Chelsea manager after Europa League final
Sarri has struggled to win over fans despite a solid first season in charge at Stamford Bridge, in which he reached the final of two Cups and finished third in the Premier League.
Nevertheless, the Blues are looking to change their manager after the Europa League final and want Lampard to usher in a new era.
The former Chelsea midfielder is currently preparing to face Aston Villa in Derby County’s promotion play-off decider at Wembley next week.
Stamford Bridge bosses have been impressed with the way Lampard has carried himself and are believed to be keen to bring him back along with Petr Cech.
‘Yahoo Yahoo’: Zlatan Ibile chides fans in new single titled 4nights in Ekohtiebo
Recall that Zlatan and Naira Marley were arrested by the EFCC over their alleged support of internet fraud also known as ‘yahoo yahoo’.
While Zlatan was released, Afeez Fashola aka Naira Marley has remained in custody of the graft agency.
But Zlatan has now taken to the studio to release a single entitled ”4nights in Ekohtiebo”
In the single, Zlatan chided those he tagged ‘fake friends’ who turned their back on him while he was in detention.
The song composed in Yoruba is translated thus: “Pretend you were dead, see who will shed tears over your death. Pretend to be broke and see who’ll ignore you.
“We eat and drink together. Just four days and you can’t hide your hatred for me. You guys didn’t expect me to return. Nobody is holy and don’t be quick to judge”.
‘Yahoo Yahoo’ – Naira Marley remanded in prison pending ruling on bail application
The Economic and Financial Crimes Commission (EFCC) charged him with 11-counts of the offence before Justice Nicolas Oweibo.
He, however, pleaded not guilty to the charges when read to him.
The judge then adjourned the case until May 30 for the hearing of his bail application.
Justice Oweibo ordered that the musician be remanded in prison until his bail application is determined.
Marley risks seven years in jail if found guilty in accordance with Section 33 (2) of the Cyber Crimes (Prohibition, Prevention, etc) Act, 2015.
EFCC had arrested Naira Marley in connection with an alleged advance fee fraud known as ‘yahoo yahoo’ in the Nigerian parlance.
Following his arrest, the anti-graft agency filed an 11-count charge against him.
The charges with suit number FHC/L/178C/19 were filed before a Lagos High Court.
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