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Leicester City to claim £1 billion from Manchester City
Leicester City is preparing to claim more than £1 billion in damages from Manchester City. The claim follows a ruling by an independent commission that found Manchester City guilty of 114 of 115 alleged financial breaches.
Leicester City argues that the financial sanctions and subsequent UEFA exclusion of Manchester City during the 2019-20 season directly impacted their ability to qualify for the Champions League. After finishing fifth in the Premier League that year, Leicester was denied a Champions League spot because the fifth place was awarded to Manchester City after their UEFA ban was overturned by the Court of Arbitration for Sport (CAS).
Leicester City also contends that the Premier League failed to adequately protect the integrity of the championship against clubs outside the ‘Big Six’. Other major clubs, including Manchester United, Liverpool, Arsenal, and Tottenham, have previously notified Manchester City that they reserve the right to seek damages as well.
Entities
Leicester City · Manchester City · Manchester United · Premier League · UEFA