Sky sports news.

Because following a hearing of you Ava on the 22nd of January, that was the date the 22nd of January.

Manchester City are to be punished for breaking financial rules in football, and they have been banned from all you if a competition, whether is that that Champions League or whether it's your per league.

For the two seasons after this one for the season's 2021 on 2022 the two seasons after this one finishes Manchester City cannot take part in any European football on Bella.

They've also been hit in the pocket to the tune off 30 million euros.

Yeah, we have just received a statement just into us from Manchester City.

This is what it says.

Manchester City is disappointed but not surprised by today's announcement by the UFO adjudicated chamber.

The club has always anticipated the ultimate need to seek out an independent body and process to part impartially.

Consider the comprehensive body of irrefutable evidence in support of its position.

In December 2018 you, a foot chief investigator, publicly previewed the outcome and sanction that he intended to be delivered to Manchester City.

That was before any investigation had ever begun.

The subsequent floored and consistently leaked you a fair process he oversaw has meant that there was little doubt in the result that he would deliver.

It goes on to say that club has formally complained to the USA for Disciplinary Body a complaint, which was validated by a cast ruling.

That's the Court of Arbitration for sport.

Yes, Simply put, this is a case initiated by you a fur prosecuted by you ET for Judged by you ET.

For with this prejudicial process now over, the club will pursue an impartial judgment as quickly as possible and will therefore, in the first instance, commence proceedings with the Court of Arbitration for Sport at the earliest opportunity.

That statement just into us from city.

So when we break all this down, this is what has happened in the last few moments.

This is massive news with huge implication for that man, Pep Guardiola, who, after all, was brought to Manchester City, amongst other things, to attempt to win the Champions League.

Now, since you're going to try and do that this season.

If they don't do it this season, they will not.

The chance to do it for the following two seasons on that itself opens up big questions.

It pulls his big questions tonight as to whether or not Pep Guardiola will stay at Manchester City for the following two seasons after this one.

So Bella, as you rightly said, then you've given Manchester City's sight of it.

Their reaction to it tonight that all balls down to this because of a breach off financial rules, Manchester City can forget it at the end of this season.

They will not be able to play in Europe, whether it's a Champions League or whether it's the Europa League in Europe for the following two seasons at the end off this one.

And as I said, it poses a very big question marks as to whether or not Guardiola, who was brought here to win, amongst other things, the Champions League, whether or not he would no stay beyond the end of this season.

They've also been hit in the pocket tonight to the tune of £27 million worth 30 million euros to be precise.

So a massive massive penalty thrown in the direction off Manchester City tonight.

More reaction to this news as we get it.

Massive massive breaking news on effect One of England's biggest clubs Manchester City way have just have from you, eh for tonight that you it has decided after a ruling after meeting on the 22nd of January, the Manchester City are to be hit on hit hard for breaking financial rules that they, at the end of this season will sit out for the next two seasons in all European competition banned from Europe for the following two seasons at the end of this one.

Whether that is Champions League football, of course, or Europa League football as well.

And of course it poses huge questions now over the future of gladiolas.

In other words, with that in mind will he stay longer at Manchester City?

I know that this has happened.

City have also been hit hard in the pocket tonight.

Fine.

30 1,000,000 euros are around £27 million.

All sorts of ramifications to this.

My colleague Ben Ransom up in the Northwest joins us live tonight.

Ben would have taken this.

Well, look, Jim, first of all, it's absolutely massive.

News is it's a Manchester City because, as you've been saying already, this for the club is massive.

The owners, when they came in one of their key fundamental aims and taking over Manchester City, was ultimately to compete with Europe's biggest clubs.

And so win the Champions League is little secret.

The Pep Guardiola was brought in for exactly that purpose attempt toe win the Champions League.

They've got this huge tie against Real Madrid in the knockout stages, coming up in just over a week's time.

So in that respect it couldn't be any bigger.

You a fur have made a massive statement tonight as this investigation is going on because you can't forget the fact that this came from those deaths.

Spiegel accusations back.

Oh, I mean, what were winding three years now, aren't we?

So it's been going on.

Ah, long time on Manchester City have always been unhappy.

How dare Spiegel in here?

We got their information and the allegations that were leveled at the door.

They said it was obsolete by the illegal getting of e mails and obtaining the information.

Manchester City have constantly denied any wrong doing, but you ate.

I have decided tonight obviously to take a stand to make an example of them on.

That certainly is the way appears, given such a strong punishment two years outside the Champions League.

Think of the amount of revenue and how damaging potentially that could be to a club like Manchester City as well as a 30 million euro fine.

So I think immediately you can tell from Manchester City's response they're gonna refer this straightaway to the Court of Arbitration for Sport.

They feel grand happy with the verdict.

Let's not forget it was only this week that we heard some of the kind of the details come out from their initial application to the Court of Arbitration to score for had to have this investigation's thrown out.

Now they were unhappy.

It turns out the leaks of the apparent leaks to the media about this whole process as it's been ongoing.

City always felt confident that actually they would come out on top in this kind of in this car legal dispute.

But you're way for come down the other way.

Manchester City clearly tonight, very short, very unhappy, and you're in a Manchester City all the time you speak to Manchester City fans all the time.

What do you think they're take?

Will be on the situation with Pep Guardiola very much in mind.

Do you think this is no long term?

Gonna make him think?

Well, do I stay do a goal at the end of this season.

I think he wouldn't be human if he wasn't considering that.

I mean most of our initial reaction when you're facing some of that when your club is apparently under attack, it's everyone's kind of found on hatches and to kind of come together as one I'm sure he's into the reaction will be a sort of wanting to be part of Manchester City and to kind of stand with them as far as the fans are concerned.

I think you know, secret.

They've had a very difficult relationship with us.

It'll stems it goes back a long way.

You'll know, of course, they have food.

The Champions League ransom for many seasons now.

They don't necessarily embrace the competition because of that relationship with us, although I have to say this season that has started to just kind of that.

That kind of had almost a warming up to the Champions League into everything it offers.

I think Pep Guardiola's come out a couple of times and called on the fans really embrace the competition on They started to do that, so I mean, as far as that respect, I can imagine Manchester City fans seeing this news tonight.

They will be talking to each other.

They would just be saying This is typical of you, Ava.

They're making an example out of us that punishing us.

They don't punish other clubs as the dew for Manchester City on that fractious relationship you could imagine.

Now we'll go even further away.

I mean, look, they'll be very deeply unhappy, I think, really.

With Pep Guardiola's future, it's too early to say for certain what he'll be thinking right now.

I think you'll be very upset because in the short term potentially it means that he won't be able to compete and try and win that elusive Champions League from Manchester City in the next two seasons should he stay that long?

I think from his point of view now we'll be without considering the fact that we're obviously about going as far as we can in the competition this season because that's the biggest trophy they're still competing forgiven difficult dominance in the premier linking Just think just finally on that with pep audio that I think that a lot will depend on the appeal and what Manchester City get back on the court.

Arbitration.

Okay, Ben, thank you very much indeed.

Ben Ransom, Reacting to the news tonight that come the end of this season regardless, what happens in the Champions League for Manchester City?

They sit out in Europe for the next two seasons, banned from Europe for the next two seasons beyond this one for breaking financial rules.

And they've also been hit hard in the pocket tonight.

Find 30 million euros more reaction coming next.