Man City facing possible Champions League ban

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European football's governing body UEFA and the Premier League launched an investigation this year after allegations made in German magazine Der Spiegel that the club broke Financial Fair Play rules.

"Manchester City FC is fully cooperating in good faith with the CFCB IC's ongoing investigation".

Most fans will consider Liverpool's magical Premier League campaign a success given how far the Reds progressed since 2017-18 and the fact they pushed Manchester City until the final day of the season.

And, if a recent report by the 'New York Times' is to be believed, Pep Guardiola's side may have to wait yet another season to taste victory on Europe's biggest stage.

UEFA governing body are now investigating Manchester City for providing files which appear to show City inflating sponsorship income.

Manchester City's triumphant Premier League title celebrations have been punctured somewhat after news emerged that UEFA were seeking to ban the club from next season's Champions League.

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"The club's published accounts are full and complete and a matter of legal and regulatory record".

The FFP rules are meant to prevent clubs receiving unlimited amounts of money through inflated sponsorship deals with organisations related to the owners.

However, former Hull City and Brighton midfielder Liam Rosenior disagreed and said that they did not lose the title because City had to win it from them.

But Man City have condemned "the speculation resulting from the illegal hacking and out of context publication of City emails" and added: "The accusations of financial irregularities are entirely false".

City were fined £49 million in 2014 for breaching Financial Fair Play rules and forced to reduce their squad for the 2014-15 season.

Liverpool ended the season with an incredible 97 points but it still was not enough as City ended with 98, the second highest in Premier League history. "This can lead to the heaviest punishment: exclusion from the UEFA competitions".