Manchester City were sanctioned by UEFA’s club financial control body (CFCB) for breaches of club licensing and financial fair play regulations.
This suspension had meant the Citizens would be excluded from the Champions League next season because they were granted a two-year ban. But City has brought their case to the Sports Arbitration Court.
City’s ban from European competitions has now been overturned, as CAS ruled in favour of Manchester City.
City will face no ban punishment for violating Financial Fair Play Rules. Rather, they will now be able to play in the top European competition next season, as long as they pay a €10m fine for their Financial-Fairplay breaking violations.
City manager Pep Guardiola was optimistic the suspension would be lifted as he insisted his side deserves to play in the Champions League.
“Today we achieved one incredible challenge, which is qualification for the Champions League mathematically,” Guardiola told Sky Sports.
“That is the challenge that is the minimum requirement for this club. And these players have done it for the last six or seven years”.
“We deserve to be there because we won it on the pitch. Hopefully on Monday UEFA can allow us to play like this team and these players deserve to.”