May 6, 2014, 7:49 AM EDT
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?
Jul 29, 2014, 11:20 PM EDT
“I can only say that I’m very happy at City and at the moment we are talking about a contract,” Dzeko said.
Jul 29, 2014, 10:36 PM EDT
The 3,600 meters of elevation will provide a stiff challenge, with many opposing clubs having fallen victim to the altitude.
Jul 29, 2014, 9:43 PM EDT
Manchester United continued their success in the US with a third consecutive victory.
Jul 29, 2014, 9:01 PM EDT
Sturridge and Ibe step to the mic and hold their own.
Jul 29, 2014, 8:24 PM EDT
In team news, van Gaal has decided to go with his fabled 3-5-2.
Jul 29, 2014, 8:03 PM EDT
In a startling revelation, AS has revealed that Radamel Falcao has begun following three Real Madrid players on Instagram.
Jul 29, 2014, 7:08 PM EDT
Big day for headlines coming out of Southampton but this one looks to be quite promising for Saints fans.
Jul 29, 2014, 6:30 PM EDT
Twenty-seven years after his first stint with Gremio, Luis Felipe Scolari is returning to the Brazilian side as its new manager.
Jul 29, 2014, 6:00 PM EDT
Krkic, who made the $6.7 million move from Barcelona last week, scored a cracker of a first goal for Stoke City.
Jul 29, 2014, 5:25 PM EDT
Tevez’s family was then phoned and told to deliver a ransom of $5,000 (40,000 pesos).
Jul 29, 2014, 4:53 PM EDT
“Every penny of that will be up for reinvestment as transfer fees and wages,” Krueger said.
Jul 29, 2014, 4:03 PM EDT
Where, exactly, Ronaldinho’s future ends up is anyone’s guess.
Jul 29, 2014, 3:22 PM EDT
ICC and MLS action is in full swing in the USA this week. Watch it all online, here.
Jul 29, 2014, 2:57 PM EDT
Jacobson arrives in the Big Apple from Dallas. Will Aquilani join him?
Jul 29, 2014, 2:20 PM EDT
Now Schneiderlin wants out as Saints’ incredible exodus continues to take a turn for the worst.
Jul 29, 2014, 1:58 PM EDT
Despite not winning any silverware last season, Barcelona were big winners off the pitch.
Jul 29, 2014, 1:21 PM EDT
Tevez’s father, Juan Carlos Cabral, is said to have been kidnapped in Buenos Aires and held for ransom.
Jul 29, 2014, 1:15 PM EDT
Southampton duo are going nowhere, despite being linked with Tottenham switch.
Jul 29, 2014, 12:37 PM EDT
Liverpool sign talented Belgian teenager, will loan him back to Lille this season.
Jul 29, 2014, 12:11 PM EDT
Even after calling African players “banana eaters” this man is set lead the Italian FA.
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