English Premiership

UEFA hit City with mega fine

2014-05-17 08:44
Manchester City (Getty Images)

Nyon - UEFA on Friday fined both Manchester City and Paris Saint-Germain 60 million and capped their Champions League squad to 21 for falling foul of financial fair play rules.

Newly-crowned English Premier League champions, Manchester City enjoyed a massive spending spree under billionaire owner Sheikh Mansour bin Zayed al-Nahyan of Abu Dhabi.

And French Ligue 1 champions PSG have benefitted from similar investment in top-drawer players after their takeover by Qatar Sports Investments in late 2012.

But both clubs have paid for that with massive fines, 40 million of which will be repaid should the clubs fulfil the "operational and financial measures agreed with the UEFA CFCB (Club Financial Control Body)".

UEFA said other clubs to have failed the financial fairplay rules were Turkish trio Buraspor, Galatasaray and Trabzonspor, Russian sides Zenit St Petersburg, Anzhi Makhachkala and Rubin Kazan, and Levski Sofia from Bulgaria.

City battled UEFA through to the end, saying there had been "a fundamental disagreement" over the interpretation of the FFP regulations on players purchased before 2010 but that it had "decided to enter into a compromise agreement with UEFA".

They agreed, the statement read, to limit their net spending on new players to 60 million.

"The club's expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m. This will have no material impact on the club's planned transfer activity," City said.

"The MCFC Champions League squad for the 2014/15 competition will be limited to 21 players. In 2013/14 the club registered 23 players for the competition and used 21.

"The wage bill of the whole club (playing and non-playing staff) for 2014/15 will need to remain at the same level as that of 2013/14 season.

UEFA's Investigatory Chamber, which led the inquiry, has powers to impose sanctions, including heavy fines and a wage cap on the squads to appear in next season's Champions League.

The sanctions package is understood to be part of a settlement offer to the clubs, which they can accept or reject or try to reach an amicable settlement.

But if a club refuses to comply with the Chamber's ruling, their case would go to a tribunal which would rule on the matter in June.

The sanctions are designed to restrict expenditure on players by clubs who have breached the rules and help them in their efforts to comply with the limits on losses in future seasons.

The ruling came after a week of uncertainty over the timing of the announcement and marked by the sudden death of the man who led the investigation as head of the CFCB, former Belgian prime minister Jean-Luc Dehaene, on Thursday.

Dehaene, 73, had been diagnosed with cancer earlier this year but died after a fall in France.

UEFA general secretary Gianni Infantino said on Tuesday at an Executive Committee meeting in Turin, Italy, that delays in announcing punishments for breaches of Financial Fair Play were 'normal'.

"The procedure is clear and is following its course. It is a normal delay due to legal procedures," said Infantino.

"If the decisions have not been taken when the media expected them to be, then it is simply because the procedure is not finished."

The announcement had been expected several days earlier.

Read more on:    uefa  |  manchester city  |  soccer
NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk

Fixtures
13 February 2016
Sunderland v Manchester United, Stadium of Light 14:45
Norwich City v West Ham United, Carrow Road 17:00
Everton v West Bromwich Albion, Goodison Park 17:00
Swansea City v Southampton, Liberty Stadium 17:00
Crystal Palace v Watford, Selhurst Park 17:00
Bournemouth v Stoke City, Vitality Stadium 17:00
Chelsea v Newcastle United, Stamford Bridge 19:30
14 February 2016
Arsenal v Leicester City, Emirates Stadium 14:00
Aston Villa v Liverpool, Villa Park 16:05
Manchester City v Tottenham Hotspur, Etihad Stadium 18:15
27 February 2016
West Ham United v Sunderland, Boleyn Ground 14:45
Stoke City v Aston Villa, Britannia Stadium 17:00
Leicester City v Norwich City, King Power Stadium 17:00
Southampton v Chelsea, St. Mary's Stadium 17:00
Watford v Bournemouth, Vicarage Road 17:00
West Bromwich Albion v Crystal Palace, The Hawthorns 19:30
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Who was the best summer signing in the EPL?

 
 
/Sport
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

As the Absa Premiership nears the Christmas break, a little over half the season remains. Who will be crowned champions when all is said and done? Which teams will be relegated? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.