IMAGE: The Court of Arbitration of Sport ruled that Manchester City did not breach financial fair play rules by disguising equity funding as sponsorship. Photograph: Catherine Ivill/Getty Images
Manchester City's two-year UEFA ban from European football has been overturned by the Court of Arbitration of Sport (CAS), the Lausanne-based court said on Monday.
CAS ruled that City did not breach financial fair play rules by disguising equity funding as sponsorship, but imposed a 10 million euro fine for failing to cooperate with UEFA.