Girona facing a financial problem before their debut participation in the Champions League

By June 3, Citi Group will have to reduce its share in the ownership structure of the Catalans

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Photo: Reuters
Photo: Reuters
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The consortium from the Emirates, City Group, the majority owner of the Manchester City football club, will have to reduce its financial stake in Girona, so that the Catalan team can compete for the first time in the Champions League next season, Uefa announced today.

In order to avoid conflicts of interest, UEFA does not allow two teams with the same owner to participate in the same European competition.

Girona, which is 47 percent owned by the City Group, was convinced at the beginning of the season that it would not have any problems and that it would respect UEFA rules, since it is not majority owned by a consortium from the Emirates.

But according to the regulations of the UEFA club financial control department (CFCB), it is enough for the financier to have 30 percent ownership, or in some cases only 10 percent if he is the main shareholder of the club.

In order for both Manchester City and Girona to play in the Champions League next season, City Group will have to reduce its share in the ownership structure of the Catalans by June 3.

Last season, the same rule on multiple ownership of clubs led to three investigations - Toulouse and Milan, Aston Villa and Portugal's Vitoria, and Brighton and Union Saint-Giloise.

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