ZURICH (AFP) - Uefa on Thursday (March 7) announced they were commencement an scrutiny into whether or not Manchester City broke Financial Fair sham (FFP) rules, a breach that could guide to a devastating Champions League ban.However, English champions City insisted the accusations next to them are untrue and that they welcomed the opportunity to definite their name.German magazine Der Spiegel, using material purportedly obtained from the whistleblowing outlet Football Leaks, alleged in November that City had set occurring backing deals to circumvent regulations limiting how much child support owners can put into a club. "The Investigatory Chamber of the independent Uefa Club Financial run Body has today opened a formal scrutiny into Manchester City FC for potential breaches of Financial Fair sham (FFP) regulations," said a Uefa declaration on Thursday."The scrutiny will focus on several alleged violations of FFP that were recently made public in various media outlets."City responded snappishly by maxim they supported the scrutiny and that they had nothing to hide. "Manchester City welcomes the commencement of a formal Uefa scrutiny as an opportunity to bring to an stop the speculation resulting from the illegal hacking and out of context message of City emails," the club said in a statement."The accusation of financial irregularities are certainly false. The club's published accounts are full and given and a business of genuine and regulatory record." 
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City had earlier responded to Der Spiegel's claims by maxim there had been an "organised and clear" attempt to damage the club's reputation.A ban from Uefa competitions, including the Champions League, is a potential punishment if City are found guilty of FFP breaches.City were fined 60 million (S$90 million) and subjected to squad, wage and spending caps in a 2014 settlement certainly following Uefa following a previous breach of the rules.City coach Pep Guardiola has always insisted that City would take a ban but does not acknowledge it is likely after discussions following the club's UAE owners.QUESTIONS FOR PSG, MILAN
"We will not be banned, no. That's what I think because I trust in my chairman, following my CEO, what they have explained to me," he said."If it happens, because Uefa consider that, we will take it and upset forward."City are not the deserted European heavyweight to be caught occurring in claims of breaking financial fair sham rules.French champions Paris Saint-Germain quashed reports they could be provoked to sell either Kylian Mbappe or Neymar in a bid to circumvent eventual FFP sanctions.Qatar-owned PSG, who splashed a mass total of more than 400 million in 2017 for Brazil star Neymar and France World mug winner Mbappe, blasted allegations as "totally untrue and ridiculous".Former European champions AC Milan were warned in December that they risk innate excluded from European competition if they fail to "break even".Milan had already been banned for a year from the Europa League due to breaching FFP regulations back winning an fascination to the Court of arbitration for Sport (CAS) last year.But Uefa said the former seven-time European champions another time twist recess from continental competition in superior seasons "should the club not be break-even patient at 30 June 2021".
Manchester United manager Ole Gunnar Solskjaer has vowed to sign the right players for the club when the transfer window reopens in the summer. Solskjaer made this known during his pre-match press conference ahead of the weekend's game in the Premier League.
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Sergio Aguero scored the only goal as Manchester City beat League One side Burton Albion 1-0 to secure a 10-0 aggregate victory in their League Cup semi-final on Wednesday. The Argentine striker slotted home from a Riyad Mahrez cutback in the 26th minute as Manchester City set up a final clash against Chelsea or Tottenham Hotspur.
The Premier League's first international office opened today in Singapore. Based in Tanjong Pagar, the office will provide a base for the Asia-Pacific region and has primarily been established to fight piracy of Premier League content and support broadcast partners.
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LONDON (REUTERS) - Spaniard Gerard Deulofeu bagged a hat-trick as Watford hammered lowly Cardiff City 5-1 on Friday (Feb 22) to move up to seventh place in the Premier League.. Read more at
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