According to financial expert Kieran Maguire, because dvuhletnego suspension from participation in the Champions League and Europa League Manchester city will lose about 300 million pounds (361 million euros).
Maguire thinks it may critically affect the future of the club.
Manchester city will not receive from UEFA about 100 million pounds for participation in the Champions League. To this we must add also the money from home games – 30-40 million pounds. Plus some sponsors will cease cooperation with the club due to the fact that he will not play in European competition. The loss of 150 million pounds in one season can have a critical impact on the future city
the expert said the TV channel Sky Sports.
What is to blame for Manchester city?
In may last year, the Investigative chamber of UEFA on financial monitoring of clubs announced the failure of “citizens” rules for the registration of players and financial fair play.
The reason for the investigation UEFA Football steel materials Leaks, which at the end of the 2018 published secret internal documents to man city, which said about the machinations to get around financial fair play.
Football Leaks cited documents, which contain information, in particular, that “the city” 2012 worked in “the scheme” with which the club copied the expenses of the club for the outsourcing to other companies, hiding information from the auditors of UEFA.
In total, according to the German magazine Der Spiegel, “Manchester city” in 2014 broke the rules of financial fair play to 188 million euros (167 million pounds).