Man City CEO Soriano hits back after European ban
In Manchester City’s first extended response to their European ban, chief executive Ferran Soriano insists the allegations are “false”.
The club has been hit with a two-year suspension from European competition by UEFA after being found guilty of Financial Fair Play rule breaches – a ruling the club intends to appeal at the Court of Arbitration for Sport.
In an interview with the club’s in-house media, Soriano was firm in City’s stance, saying they will do everything they can to prove that the allegations are false.
“Well, the most important thing I have to say today is that the allegations are not true. They are simply not true.
“The fans can be sure of two things. The first one is that the allegations are false. And the second is that we will do everything that can be done to prove so.
“We know the fans are supporting us. We can feel it. MCFC fans have gone through challenges over the decades. This is just another challenge. We will stick together, we will go through it and we will not let the fans down.
we are looking for an early resolution obviously through a thorough process and fair process so my best hope is that this will be finished before the beginning of the summer and until then for us ,it is business as usual.
“The owner has not put money in this club that has not been properly declared.
We are a sustainable football club, we are profitable, we don’t have debt, our accounts have been scrutinised many times, by auditors, by regulators, by investors and this is perfectly clear.
“We are looking for an early resolution obviously through a thorough process and a fair process so my best hope is that this will be finished before the beginning of the summer and until then for us, it is business as usual.”
Soriano insists both the manager and players are fully focused on the football side of the club, and remain calm.
In a statement on Friday, UEFA said City “overstated its sponsorship revenue in its accounts and in the break-even information submitted to UEFA between 2012 and 2016”.
The club was also found guilty of “failing to cooperate in the investigation by the CFCB”.
When asked what the club had not co-operated with, Soriano insisted City had provided the necessary information.