straight to your inbox Manchester City have issued a statement after the Court of Arbitration for Sport (CAS) announced that their punishment for contravening Financial Fair Play regulations has been reduced to a fine.
The Blues protested their innocence throughout the UEFA investigation and immediately returned to CAS when it was announced in February that they would be banned from the Champions League for two years.
Club bosses expressed confidence that the decision would be overturned if given a fair trial, and Pep Guardiola was convinced after seeing the evidence.
After a three-day hearing last month - long by CAS standards - it has been decided that City will have to pay UEFA a fine of 10 million euros to UEFA as a result of their.
Read more on manchestereveningnews.co.uk