Manchester City has its greatest victory of the season. The club will be free to play in European competition the next two seasons after all, the Court of Arbitration for Sport ruled on Monday, overturning a UEFA disciplinary decision to surely delight the club but also raise serious questions about UEFA's Financial Fair Play regulations.
UEFA's Club Financial Control Body (CFCB) had imposed a two-year ban and a €30 million fine on Man City in February for breaches of FFP and for a failure to cooperate with the investigation. Although no full explanation of that decision was ever made public, pending this appeal, that was taken to mean disguising support for the club from the state investment fund of Abu Dhabi as sponsorship deals from various state-run entities.