Man City given two-year European ban for 'financial fair-play breaches' (UEFA)

Manchester City have been banned from European competitions for the next two seasons for "serious financial fair-play breaches", the Union of European Football Associations (UEFA) announced on Friday.

The English champions were also fined €30 million ($32.5 million).

The club will appeal the UEFA’s decision to the Court of Arbitration for Sport, AFP reports.

(FRANCE 24 with AFP)