Man City & Man Utd Cleared to Compete in European Competition

4 months ago 114

Manchester City and Manchester United have been cleared to take their places in European competition next season after conflicts over multi-club ownership with Girona and Nice respectively were resolved.

However, United will be prevented from signing highly-rated Nice defender Jean-Clair Todibo by Uefa.

City Football Group owns City and Girona, while Ineos controls the football operations of United and Nice, and Uefa does not allow clubs with the same ownership to be involved in the same competition.

The Club Financial Control Body, CFCB, of European football’s governing body said “significant changes” had been made at Girona and Nice which would “substantially restrict investors’ influence and decision-making power”.

In addition, shares have been transferred through independent trustees to a blind trust, which will be supervised by the CFCB.

Among additional guarantees given by the City Football Group and Sir Jim Ratcliffe’s Ineos Group to prove the independence of the respective clubs, they agreed not to transfer players “permanently or on loan, either directly or indirectly from July 2024 to September 2025”.

This means United will not be able to sign Frenchman Todibo, the 40-million pound-rated defender Ratcliffe had hoped would switch clubs.

However, City’s pursuit of Brazilian winger Savio will be unaffected as he has returned to parent club Troyes, who are also part of the City Football Group, after his loan with Girona expired on June 30.

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