Manchester City will learn of their Champions League ban will be lifted early next month.
Their hearing at the Court of Arbitration for Sport (CAS) concluded this afternoon via videoconference.
City were banned from European competition for two seasons and fined 30-million euro for financial fair play breaches.
In February, UEFA confirmed, "The Adjudicatory Chamber, having considered all the evidence, has found that Manchester City committed serious breaches of the Uefa Financial Fair Play Regulations by overstating its sponsorship revenue in its accounts and in the break-even information submitted to Uefa between 2012 and 2016."
City denied the charge, and took their case to CAS.
The outgoing Premier League champions argued at the time, "The subsequent flawed and consistently leaked UEFA process he oversaw has meant that there was little doubt in the result that he would deliver.
"The Club has formally complained to the UEFA Disciplinary body, a complaint which was validated by a CAS ruling.
"Simply put, this is a case initiated by UEFA, prosecuted by UEFA and judged by UEFA.
"With this prejudicial process now over, the Club will pursue an impartial judgment as quickly as possible and will, therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.
CAS say they will deliver their verdict in the first half of July, meaning City will know if they can enter next season's Champions League before draws are made.
CAS statement:
The hearing in the Court of Arbitration for Sport (CAS) arbitration between Manchester City FC and the Union of European Football Associations (UEFA) concluded at 4:15pm (CET) today.
The hearing, initiated on 8 June 2020 in the morning, was conducted by videoconference, with participants in Lausanne and London, and expert witnesses in various countries, in accordance with the schedule planned.
At the end of the hearing, both parties expressed their satisfaction with respect to the conduct of the procedure. The Panel of arbitrators in charge of the matter, composed of Mr Rui Botica Santos (Portugal), president, Prof. Ulrich Haas (Germany) and Mr Andrew McDougall QC (France), will start its deliberations and prepare the Arbitral Award containing their decision.
The decision is expected to be issued during the first half of July 2020. The exact date will be communicated in advance.
The CAS arbitration concerns an appeal filed by Manchester City FC against the decision of the Adjudicatory Chamber of the UEFA Club Financial Control Body (CFCB) dated 14 February 2020 in which it was deemed to have contravened UEFA’s Club Licensing and Financial Fair Play Regulations and sanctioned with exclusion from participation in UEFA club competitions in the next two seasons and ordered to pay a fine of EUR 30 million.
