London: Manchester City defender Martin Demichelis has been fined £22,058 ($32,088, 28,473 euros) and warned about his future conduct after accepting a Football Association charge in relation to betting on matches. Argentina international Demichelis placed 29 bets on football matches between January 22 and February 15 earlier this year.
The 35-year-old, who joined City in 2013 from Atletico Madrid, was punished under rules, which were introduced in 2014-15 to prevent players and managers from betting on any football activity.
But he escaped being suspended by the FA because it is understood the offences did not relate to any matches over which Demichelis could have had an influence.
"The Man City defender breached FA Rule E8 in respect of 29 bets placed on football matches between 22 January 2016 and 15 February 2016," FA statement read.