International

UEFA in no hurry to punish

2014-05-13 20:03
Gianni Infantino (AFP)

Turin - UEFA says there is no hurry to announce punishments for clubs, including Paris Saint Germain and Manchester City, that have breached new rules designed to make soccer more financially stable.

Nine clubs, which UEFA has not named but that sources close to the process have said include City and PSG, are facing punishment for failing to comply with rules forcing teams to limit their financial losses.

Confirmation of the sanctions, which had been expected last week, have yet to be announced by the independent panel investigating the finances of clubs who qualified for European competition this season.

"In terms of deadlines, it's still on track, so I'm not worried or anxious or concerned," UEFA secretary general Gianni Infantino told reporters.

"In legal proceedings, time has to be taken to analyse everything."

Clubs can reach a settlement with the UEFA panel, including a fine and other penalties, or have the case taken to an adjudication panel that could announce stiffer sanctions, including a ban from European competition.

Many observers question the logic of fining wealthy clubs for spending too much money and say UEFA must take strong action to ensure the regime is credible.

Infantino said UEFA's panel had a variety of sanctions at its disposal.

"One of the strengths of club licensing and financial fair play regulations is exactly that it does not focus on one single sanction," said Infantino.

"It foresees a list of 10 or twelve sanctions which could also be combined.

"There is no single answer to whether a fine is appropriate or not; it depends always on cases and the best is almost always some sort of combination, with the ultimate objective of making sure everyone breaks even."

Read more on:    uefa  |  europa league  |  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
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

Live scoring

 

Watch: 2015 Absa Cape Epic route

The route of the 2015 Absa Cape Epic has been announced and it promises to be as challenging as ever!

 
 

Where were you when you last felt alive?

4 exercise excuses and how to beat them
Watch: Insane road bike skills!
The most extreme journey ever?
Red Bull Lionheart trail run - not for the fainthearted!
 
 
Men
Women
Love 2 Meet
Featured

Got something you'd like to get off your chest? Got a burning desire to air an opinion? If so, be sure to sign-up on Sport24's FORUM!

Latest blogs
Vote

Where should Rivaldo Coetzee play his soccer next season?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

Forum Have your Say on Sport24's brand new Forum!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

Blogs Yes your opinion counts. Get it out there

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