Follow usManchester City and Manchester United have been cleared to compete in European competitions next season after resolving conflicts regarding multi-club ownership with Girona and Nice, respectively.
UEFA regulations prohibit clubs with the same ownership from participating in the same competition. The City Football Group, which owns Manchester City, also owns Girona. Similarly, Ineos, which oversees Manchester United’s football operations, owns Nice.
BREAKING: UEFA confirm Manchester United and Manchester City will be allowed to compete in European competitions next season alongside clubs who share the same ownership 🚨 pic.twitter.com/9EZKDI97sK
— Sky Sports News (@SkySportsNews) July 5, 2024
The Club Financial Control Body (CFCB) of UEFA announced on Friday that “significant changes” were made at both Girona and Nice to “substantially restrict investors’ influence and decision-making power.” Additionally, shares of the clubs have been transferred to a blind trust, supervised by the CFCB, to ensure independence.
As part of the agreement, City Football Group and Ineos have pledged not to transfer players between their clubs, either permanently or on loan, from July 2024 to September 2025. This decision impacts Manchester United’s ability to sign highly-rated Nice defender Jean-Clair Todibo, valued at £40 million, whom United had hoped to acquire.
However, Manchester City’s pursuit of Brazilian winger Savio is unaffected. Savio has returned to Troyes, another club under the City Football Group, after his loan spell with Girona ended on June 30.
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