Uefa’s investigation into Manchester City concluded that two £15 million payments from a broker was funding from the club’s owners disguised as sponsorship revenue.
The report by the adjudicatory committee of Uefa’s Club Financial Control Body (CFCB) is effectively the written reasons behind the decision announced in February 2020 to suspend City from European competition for two years.
The report was never published because the club appealed against the decision and the Court of Arbitration for Sport (CAS) later overturned the CFCB verdict, but it has been obtained by the makers of a YouTube film released on Thursday, and has also been seen by The Times.
CLUB STATEMENThttps://t.co/ueMFeLFowu — Manchester City (@ManCity) February 14, 2020 Uefa did not comment on the report when contacted by the PA news agency on Friday.