There were reports late on Monday that Manchester City boss Ferran Soriano has got in touch with Borussia Dortmund chief executive Hans-Joachim Watzke.
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Officials say they are confident that the club will return to profitability next year and say their business “remains fundamentally strong”.
City, who confirmed their place in next season’s European Cup with the 5-0 thrashing of Brighton & Hove Albion, lodged their appeal to CAS in February after Uefa’s club financial control body issued the suspension in February