Manchester City has been fined for failing to comply with UEFA’s investigation into alleged breaches of the rules of Financial Fair Play and the money £ 9 m will go into their European rivals’ pockets, including Liverpool and Manchester United.
From European competition, City was suspended for two seasons and was initially fined three times that amount, but they have been successful in their appeal.
The Court of Arbitration for Sport confirmed yesterday that they will be able to participate in the Champions League next season.
Man City will still have to pay a £9 m penalty, although the suspension has been lifted entirely, and the money will fall into the hands of clubs that at the time adhered to all the FFP laws.
As a result, Liverpool and Manchester United are among the clubs that are due to earn a monetary boost, though lowering the penalty means that it will only be a nominal sum (via Daily Mail).
Man City is currently keeping a first-leg lead over Real Madrid ahead of next month’s Etihad Stadium’s last-16 second leg.
The club has already qualified for the Champions League next season and stays in the competition this year.