May 6, 2014, 7:49 AM EST
In addition to a fine of approximately $85 million, the clubs could be forced to limited its UEFA Champions League squad size from 25 to 18-21 players. The clubs could also face a wage cap for 2014.
England’s four other biggest clubs remain safe, though in Liverpool’s case they “luck out” by not being in Europe this season. They’ve lost about $153 million over the past two seasons.
Under Uefa’s FFP rules, clubs can lose no more than €45m (£37m) over the previous two seasons.
City posted combined losses of almost £149m for the past two seasons – £97m in 2012 and £51.6m in 2013.
Arsenal and Manchester United were in the black for the last two seasons, so they have nothing to fear from Uefa’s financial fair play scheme.
Chelsea made a £49.4m loss last year but registered a £1.4m profit in 2012 so will comply with the new regulations.
Liverpool, who have lost £90m over the last two years but have not played in Europe this season, will not have to pass the FFP rules until next autumn.
PSG, City and the other two clubs have until Friday to agree to a settlement with UEFA. Otherwise, they’ll be referred to a panel that will levy out non-negotiable punishments (those could be appealed).
The $85 million fine may simply be the equivalent of a big transfer fee, but the competition and wage penalties are significant. There are ways around the former being a pain — cutting ties with big dollar, little impact players — but the latter hurts. Perhaps UEFA is willing to do more than just show some teeth, after all.
Now of course they’ll be donating the fines to charity, correct?
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