"The appeal is filed against decisions taken by the Investigatory Chamber (IC) of the UEFA Club Financial Control Body (CFCB
) regarding MCFC's alleged noncompliance with UEFA's Club Licensing and Financial Fair Play Regulations.
"The appeal is filed against decisions taken by the Investigatory Chamber (IC) of the Uefa Club Financial Control Body (CFCB
) regarding MCFC's alleged non-compliance with Uefa's Club Licensing and Financial Fair Play Regulations," CAS said in a statement.CAS said it was involved in establishing a procedural calendar and that it was unable as yet to say when the matter would be settled.
"The club financial control body chief investigator, after having consulted with the other members of the independent investigatory chamber of the CFCB
, has decided to refer Manchester City FC to the CFCB
adjudicatory chamber following the conclusion of his investigation," said a UEFA statement.
"Manchester City Football Club is disappointed, but regrettably not surprised, by the sudden announcement of the referral to be made by the CFCB
IC Chief Investigator Yves Leterme," Manchester City said in an official statement.
"UEFA will not be making any further comment on the matter until a decision is announced by the CFCB
"In doing so the club is reliant on both the CFCB
IC's independence and commitment to due process; and on UEFA's commitment of March 7 that it '...will make no further comment on the matter while the investigation is ongoing'.
The club successfully argued that Uefa missed the deadline set out in the CFCB
's Procedural Rules, which allow for a 10-day period during which any review should be instigated and completed.
Mubashar Chairman CFCB
informed the court that in a movie scene judge was complained for adjournments and alleged delay in justice by courts.
OTTAWA, IL: Centrue Financial Corporation (the "Company" or "Centrue") (NASDAQ: CFCB
), parent company of Centrue Bank, reported first quarter net income of $0.9 million, or $0.13 per common diluted share, as compared to $1.9 million, or $65.60 per common diluted share, for the first quarter 2015.
UEFA said last month the Lions had failed to comply with its rules governing the permitted level of financial losses, paving the way for a potential ban from European competition from UEFA's Club Financial Control Body (CFCB
[Club Financial Control Body] adjudicatory chamber will take a decision and communicate it by the end of February."
Centrue Financial Corporation (NASDAQ: CFCB
), the parent company of Centrue Bank, has said that it has been approved to list and trade on the NASDAQ Capital Market beginning October 26, 2015, under the ticker symbol of CFCB