Man City appealed to the C1 Cup: Coach Wenger supports, wants to abandon the law of financial justice, which is making Man City banned from attending the Champion League.
Man City was banned from attending the Champion League
The International Sports Arbitration Court (CAS) has accepted the appeal of Man City’s penalty and will make a final decision on June 8. Man City has been banned from UEFA the Champion League for two seasons due to a lack of cooperation with the organization after being accused of violating financial laws for several consecutive seasons.
The Etihad Stadium team was found to have misrepresented revenue (from sponsors) and deceived the financial statements submitted to UEFA between 2012-2016. Because pay is too high for players, Man City must exaggerate revenue to bypass financial fairness laws.
Therefore, UEFA opened the investigation of Man City after a series of allegations appeared in the German magazine Der Spiegel. According to Sky Sports, some hackers hacked into Man City’s mail system discovered information related to the incident and sent it to the German magazine.
The fact that Man City is banned from playing in Europe will have a great influence on the Premier League if the 2019/20 season is played again. Under this penalty, City’s capacity – in the event that they qualify for the Champions League – will be transferred to the team ranked fifth in the Premier League table (currently MU).
The public opinion largely evaluates the move to CAS of Man City to hope to reduce the sentence, or even be removed, but if not least time to review CAS’s complaint will help Man City have more time and bring the incident to next season. During the CAS review, the penalty was not implemented and Man City at least wanted it to last for them to attend the Champions League season 2020/21.
Coach Arsene Wenger supports the abolition of the financial justice law
But the fact that Man City was pulled out “to handle” now brings a new public opinion that the financial policy of UEFA is something to be reconsidered. Despite the name “Financial Equity Law”, this law is being judged to be very unfair to many clubs of the lower class, and this opposition has received significant support: from the coach. Arsene Wenger, who is head of FIFA’s global football development work.
In an interview with the French newspaper L’Equipe, Wenger pointed out why UEFA Financial Law should not exist. “I support measures that control club management, and we should always encourage improving the quality of the management models. But I am also a supporter of investment expansion, which is not allowed by the UEFA Financial Law” Wenger said.
“The clubs that dominate Europe today are those that have been built, invested since the law didn’t exist. If the law prevents new clubs from being invested, even if they have money, it is not normal and fair. ”
“Professor” also frankly said that this Financial Law only “fat” the largest teams of the continent while the team under the reach will fall into a vicious circle never-ending. “These rules are like setting up a hierarchical society where big, traditional clubs are getting stronger and stronger, and obviously they have been campaigning to apply those rules to prevent them. new forces challenge me” Wenger commented.
“Strictly controlling the way the club is managed, clarifying where the money comes from, things I don’t object to, but football is also a business and we must encourage investment. If the financial law fails to do so, it must be abolished.” Wenger said.