Uefa opens investigation into Man City over Financial Fair Play breaches

Uefa’s Club Financial Control Body have opened an investigation into Manchester City over potential breaches of Financial Fair Play regulations.

A statement from European football’s governing body read: "The investigation will focus on several alleged violations of FFP that were recently made public in various media outlets.

"UEFA will make no further comments on the matter while the investigation is ongoing."

Internal club documents about Manchester City's business have been published in the Football Leaks series led by Der Spiegel magazine.

Spiegel alleged Man City officials have deceived UEFA by disguising the source of revenue from sponsorship deals tied to the club's owners in Abu Dhabi.

City have welcomed the investigation, writing in a statement: "Manchester City welcomes the opening of a formal UEFA investigation as an opportunity to bring to an end the speculation resulting from the illegal hacking and out of context publication of City emails.

"The accusation of financial irregularities are entirely false. The Club’s published accounts are full and complete and a matter of legal and regulatory record."

Additional reporting from Press Association