UEFA UEFA To Allow Nice, Girona In UCL After Addressing Ownership Concern

UEFA has accepted Manchester City and Girona’s admission to the Champions League and Manchester United and Nice’s admission to the Europa League after addressing ownership concerns.

City and Girona are part of the City Group, while Jim Ratcliffe, who owns 25% of FA Cup winners United, also owns Nice through his Ineos company.

Read Also:Euro 2024 : CAF mocks UEFA with AFCON stadium after waterfalls hit Dortmund stadium ahead of Turkey vs Georgia clash

“following the implementation of significant changes by the concerned investors in Girona FC and OGC Nice”.

,” UEFA’s Club Financial Control Body (CFCB) said in a statement.

“No one is simultaneously involved, directly or indirectly, in any capacity whatsoever in the management, administration and/or sporting performance of more than one club participating in a UEFA club competition.

“No one has control or decisive influence over more than one club participating in a UEFA club competition.

“The significant changes made to the ownership, governance, and financial support of the concerned clubs, substantially restrict the investors’ influence and decision-making power over more than one club.”

It stated that City Group, which owned a 47% investment in Girona, and Ineos had transferred their shares to “independent trustees through a blind trust structure established under the supervision of the CFCB First Chamber” until July 2025.

UEFA stated that the clubs had also agreed not to make any new player transfers to each other, either permanently or on loan, until September 2025, and would not cooperate financially, on coaching, or scouting.

When the stakes are returned next July, the teams will have to take additional efforts to comply with UEFA regulations.

Last year, UEFA investigated three incidents involving Toulouse and AC Milan, English club Aston Villa and Portuguese club Vitoria Guimaraes, Premier League Brighton and Belgium’s Union Royale Saint-Gilloise.

Leave a Reply

Your email address will not be published. Required fields are marked *