(Reuters) - Manchester City have been banned from signing academy players for an initial 12 months and fined 300,000 pounds ($390,000) for breaching rules governing youth transfers, the Premier League said on Friday. The ban is same as that handed down to Premier League rivals Liverpool last month for a similar offence. But the fine for City was three times higher, as the Manchester club were found guilty of offering prohibited inducements to two youth players. "The breaches concern approaches to two separate Academy players," the league said in a statement. There was "evidence of contact between the club and members of each academy player's family while those academy players were still registered with their previous clubs."

Source: Economic Times May 05, 2017 16:52 UTC