City Football Group, the parent company of Manchester City, must reduce its stake in Girona if the Spanish club is to be allowed to compete..
City Football Group, the parent company of Manchester City, must reduce its stake in Girona if the Spanish club is to be allowed to compete in next season’s Champions League, UEFA said on Wednesday.
The rules prevent two teams participating in the same European tournament if they have the same owner and CFCB said that this extends to cases of “decisive influence” being held by a party over several clubs, going beyond just “control” linked to holding majority shares. If Manchester City and Girona are both to compete in the Champions League next term, City Group will have to divest some of its share in the Catalan club by UEFA’s deadline of June 3.
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