ANALYSIS: Why Manchester City face a struggle to avoid European ban
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By Nick Harris 8 October 2010 Manchester City will struggle to avoid being banned from Europe by Uefa from 2013 onwards because of £250m already spent on transfers that still needs to be "processed" in their accounts in the next five years. Uefa has confirmed that City will not able to accelerate the “writing off” of this massive sum in next year’s accounts to improve their chances of meeting the incoming Financial Fair Play regulations. The club acknowledges privately that “a huge challenge” lies ahead to meet Uefa’s break-even targets.
ANALYSIS: Why Manchester City face a struggle to avoid European ban
ANALYSIS: Why Manchester City face a struggle…
ANALYSIS: Why Manchester City face a struggle to avoid European ban
By Nick Harris 8 October 2010 Manchester City will struggle to avoid being banned from Europe by Uefa from 2013 onwards because of £250m already spent on transfers that still needs to be "processed" in their accounts in the next five years. Uefa has confirmed that City will not able to accelerate the “writing off” of this massive sum in next year’s accounts to improve their chances of meeting the incoming Financial Fair Play regulations. The club acknowledges privately that “a huge challenge” lies ahead to meet Uefa’s break-even targets.