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?
Sep 18, 2014, 9:35 AM EDT
Norwegian boss let go after just 9 wins in 30 games in charge of the Bluebirds.
Sep 18, 2014, 8:56 AM EDT
Star striker struggling with persistent hamstring problem ahead of Manchester City clash.
Sep 18, 2014, 8:19 AM EDT
What do you guys think of the brand new MLS logo?
Sep 18, 2014, 7:40 AM EDT
Klinsmann’s men move up after Czech Republic win. See where they’re ranked in the top 20.
Sep 17, 2014, 11:30 PM EDT
A dog home ravaged by fire last week believes Mario Balotelli has made a sizable donation.
Sep 17, 2014, 10:55 PM EDT
Joe Prince-Wright and myself sat down with Jenna Corrado to discuss what City and Chelsea each need to accomplish to secure victory.
Sep 17, 2014, 10:28 PM EDT
Looking for complete transparency, however, Van Gaal has laid down the law: English only.
Sep 17, 2014, 9:20 PM EDT
Marcelo Claure has hinted that news regarding a potential MLS franchise in Miami could soon be on it’s way.
Sep 17, 2014, 8:42 PM EDT
“Remy could have scored, Terry could have scored, Hazard could have scored, but that’s football,” Mourinho said.
Sep 17, 2014, 7:54 PM EDT
Gazzetta dello Sport claims that one CSKA fan who had been stabbed in the stomach.
Sep 17, 2014, 7:00 PM EDT
Gotta love Ajax fans, they’re always loud, positive and pretty darn clever.
Sep 17, 2014, 6:45 PM EDT
Living off the counter-attack, Schalke looked for Draxler every time out the gates.
Sep 17, 2014, 6:03 PM EDT
Toure’s inept displays bring up question marks over his commitment to Man City.
Sep 17, 2014, 5:12 PM EDT
What happened across Europe in the Champions League? Here’s a recap of all eight games.
Sep 17, 2014, 4:59 PM EDT
A solid outing by Chelsea but Jose Mourinho’s side will rue their lack of finishing in the final third.
Sep 17, 2014, 4:46 PM EDT
An impressive display from Roma who will fancy their chances of an upset against Manchester City and Bayern Munich in Group E.
Sep 17, 2014, 4:41 PM EDT
Boateng’s late volley hands Bayern win against stubborn City.
Sep 17, 2014, 4:07 PM EDT
Nothing like breaking your nose in the third minute and playing the full 90. Beast.
Sep 17, 2014, 3:33 PM EDT
Find out what’s going on around Europe as the group stage openers continue.
Sep 17, 2014, 2:59 PM EDT
The former Manchester United legend has had difficulty finding results for the troubled Welsh side.
- PHOTO: MLS unveils new logo. What do you think? 5
- US move up one place in latest FIFA rankings; Wales the big winners 0
- Julian Draxler’s stunning performance puts Chelsea, Premier League on high alert 1
- Yaya Toure’s lackluster display stands out as Manchester City struggle 4
- UEFA Champions League roundup: Roma, Porto win big; Chelsea, PSG slip up 0
- Chelsea 1-1 Schalke 04: Huntelaar secures point for the underdogs 0