Pep Guardiola’s side on Monday heard the outcome of their appeal against a ban from UEFA competition for breaking Financial Fair Play rules.
However, the governing body said it remained “committed to its principles” in a statement reacting to the verdict.
“UEFA notes that the CAS panel found that there was insufficient conclusive evidence to uphold all of the CFCB’s conclusions in this specific case and that many of the alleged breaches were time-barred due to the five-year time period foreseen in the UEFA regulations,” a statement read.
“Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and UEFA and ECA remain committed to its principles.”