The Independent Court of Arbitration for Sport in Switzerland overturned the two-year suspension from the Champions League handed down by UEFA in Feb., which had found that Manchester City concealed equity funding as sponsorship contributions. Soccer’s governing body also fined the club €30 million ($34 mm) for the infraction, which was reduced to €10 million by the appeal ruling. The total cost of the suspension could have been as much as €100 million in lost revenue, including reduced payments from kit sponsor Puma, which signed Manchester City to a 10-year, £65 ... Log in to view full article.