Manchester City’s future is very much in peril, at least as far as the immediate future is concerned. That is, if Friday’s shock ruling is upheld upon appeal. The defending Premier League champions have been hit by European governing body UEFA with a two-year ban from all competitions, including the insanely lucrative Champions League, and have been fined in the region of $32 million for essentially defrauding and lying about expenditures over the last several years.
While this seems like a temporary setback, if it is upheld, of course, it could be a major blow to the team. Missing out on the Champions League could cost them over $200 million, and it also could lead to them losing players for a variety of reasons. It’s the first time a major club has been hit with severe ‘Financial Fair Play’ sanctions, and it will be interesting to see how it plays out. This could end up being the most severe penalty in the history of the sport when it’s all said and done.