Girona has until June 3 as the deadline to present to UEFA its plan to ‘break away’ from Manchester City if it wants to play in the Champions League next season. This has been advanced by AP, which has had access to the document that UEFA has sent to both Girona and Manchester City to give them various divestment solutions and thus comply with the timeshare rules.
The UEFA document gives two options open to City Football Group (CFG), owner of 100% of Manchester City and 47% of Girona, as announced by AP. City Group can sell its shares to an independent third party by reducing its shareholding to less than 30%, or by transferring all shares in a club to a blind trust overseen by a panel appointed by UEFA, whose administrator can be chosen by City Football Group . This system was used by UEFA this season with Milan and Toulouse and its investor RedBird Capital.
Manchester City and Girona must meet UEFA criteria before June 3, in addition, both clubs must not transfer players to each other, either permanently or on loan, directly or indirectly, until September of the season. following (in the case of Girona and City, September 2025). Girona also has to make changes to its board of directors (they share up to three people) to ensure that there are no people making decisions in both entities while they share European competition. UEFA has already given the go-ahead to the Montilivi stadium to host Champions League matches next season.
If the City Football Group’s divestment proposal in Girona is not obtained the approval of the UEFA control panel, the Catalan team or the citizen, one of the two, could be removed from the Champions League and relegated to the Europa League .
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2024-05-14 16:31:41
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