Manchester City could live to rue the transfer of a 16-year-old prospect as it has emerged that they may be facing a lengthy transfer ban.
Premier League champions City could have been banned from signing players in the next two transfer windows had they been found guilty of breaching global transfer regulations when they signed Garre in 2016. They accused City of acting unethically by tapping up Garré when he was 15 and then breaking rules by signing him when he was 16.
But City countered that Garre, who has since appeared for the club three times in the EFL Trophy, held an Italian passport and was therefore entitled to move after his 16th birthday.
Velez took their case to CAS after Federation Internationale de Football Association ruled in City's favour, but the South American outfit have seen their claim dismissed.More news: Low wages are causing public to lose faith in governments, International Monetary Fund warns
A formal announcement is expected from the CAS later this week, and Velez could yet make a technical appeal against its decision.
CAS says its judging panel dismissed Velez's appeal against a Federation Internationale de Football Association ruling that cleared City of wrongdoing.
That case has been running since July, with a court case heard nine months ago.
City were also given reason to believe that Garre's transfer was fully above board because it was apparently ratified by Federation Internationale de Football Association, who rejected Velez's complaint. And even though City haven't been slapped with a transfer ban that might have forced Pep Guardiola to dip into his youth team, Garre will be hoping his chance comes. The club is alleged to have broken the rules when they signed Benjamin Garre.More news: Cambridge police officers filmed allegedly beating Harvard student Selorm Ohene
City are now banned from signing academy players from certain English clubs after being found guilty of breaching Premier League youth development rules over the signing of two players.
That said, they would have the right to a technical appeal that could further delay the process and allow Guardiola to stockpile players this summer.
It is why a court case that was heard in July previous year, with a verdict due by the end of September, has been delayed.More news: EPS for Royal Dutch Shell plc (RDS.A) forecasted at $1.10
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