May 16, 2014, 3:33 PM EDT
Fresh off Manchester City’s triumphant Premier League season, they will be hard pressed to repeat thanks to the new Financial Fair Play rules.
Along with Paris Saint-Germain, Zenit St. Petersburg, Galatasaray, Anzhi Makhachkala, Rubin Kazan, Trabzonspor, Bursaspor, and PFC Levski Sofia, City has been found to have breached FFP regulations and will be accordingly punished.
According to the documented release by UEFA, Manchester City has agreed to:
- Pay a fine of $82.19 million
- Cap its Champions League roster at 21 players (down from 25), 8 of which must be “homegrown”
- Cap its wages at their current level outside of performance bonuses
- A break-even financial deficit for the next two fiscal years
- Have its expenditure allowance reduced below the level of other clubs (essentially a probationary period).
The investigation found that Manchester City’s net losses of $207 million was bankrolled entirely by Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi, the club’s owner. The bankroll was covered up in sponsorships but they were too closely tied to Sheikh Mansour for UEFA’s liking.
Manchester City has released a statement claiming they have “engaged with UEFA in its introduction of the Financial Fair Play Regulations in good faith and without prejudice and in a transparent and collaborative manner.”
Essentially, they disagree with the findings of the FFP investigation, citing the facts that they’ve been “operating with no debt” and “realizing its football and commercial opportunities whilst continuing unprecedented investments in both youth development and the local community.”
However, they admit that while they would like to challenge the findings, they have decided not to for “practical realities.” That’s because they can’t – the ruling has no appeal.
Therefore, the club confirms that the eventual punishments laid down were a “compromise agreement.” Most clubs were given the opportunity to settle with UEFA.
City claims that they already used a 21-player roster this past season for the Champions League, however the team’s official UEFA roster lists 24 players as part of their “A” list.
The punishments given to Manchester City were exactly the same as those handed down to Paris Saint-Germain, who responded with a club statement of their own. You can view all UEFA documents pertaining to these sanctions here.
Interestingly enough, heavy spenders Monaco were not included in the FFP sanctions and appear to be safe.
Sep 2, 2014, 5:18 PM EDT
This was supposed to be Guzan’s audition. Instead, this looks like competition.
Sep 2, 2014, 4:05 PM EDT
Altidore’s 74th cap will feature the U.S.’s armband, with Jurgen Klinsmann having handed his striker the honor for tomorrow’s friendly in Prague.
Sep 2, 2014, 3:00 PM EDT
Colombian hotshot signs for the Red Devils on Deadline Day. Will his move guarantee goals, and maybe more?
Sep 2, 2014, 2:17 PM EDT
Four reasons why Welbeck could thrive at the Emirates.
Sep 2, 2014, 1:45 PM EDT
At just 18 years old, Emerson Hyndman has come through the Fulham youth ranks and is turning heads at all levels. He speaks to ProSoccerTalk about the chances coming all at once.
Sep 2, 2014, 1:01 PM EDT
Blues sign full back to new long-term deal at Stamford Bridge.
Sep 2, 2014, 12:00 PM EDT
Scorpions reveal stunning stadium plans, as the latest lower-league side plans for MLS expansion.
Sep 2, 2014, 11:29 AM EDT
Cleverley arrives at Villa Park after late, late loan move on Deadline Day.
Sep 2, 2014, 10:23 AM EDT
Speaking ahead of the USA’s clash in Prague, here’s what Klinsmann had to say.
Sep 2, 2014, 9:47 AM EDT
Bayern Munich midfielder to lead Germany after Lahm’s retirement.
Sep 2, 2014, 9:08 AM EDT
Where did the cash go? Who spent the most? Which records tumbled?
Sep 2, 2014, 8:26 AM EDT
Ronaldo’s not happy that Alonso, Di Maria were allowed to leave in the window.
Sep 2, 2014, 7:33 AM EDT
Is he a Red Devil or a Villan? Confusion over Cleverley.
Sep 1, 2014, 11:30 PM EDT
“Today two powers were brought together, the hand of God and that of the Pope,” Maradona joked. No, really. That’s what he said.
Sep 1, 2014, 10:30 PM EDT
How do you think United will line up?
Sep 1, 2014, 10:29 PM EDT
From a 18-year-old Jamaican-English midfielder to a 34-year-old veteran goalkeeper, this team takes a ride through all types of players.
Sep 1, 2014, 9:38 PM EDT
In the end, the player had to come from the nine-goal thriller at Goodison Park.
Sep 1, 2014, 8:48 PM EDT
Rebecca Lowe, Robbie Earle and Robbie Mustoe bring you plenty of analysis on the summer transfer window’s Deadline Day.
Sep 1, 2014, 8:45 PM EDT
Passing or failing? Take a gander at how each Premier League team fared.
Sep 1, 2014, 8:32 PM EDT
Falcao signs for United, arrives on loan from Monaco with view to a permanent transfer.
- What tomorrow’s goalkeeper platoon tells us about the U.S. goalkeeper void 0
- Jozy Altidore to captain U.S. Wednesday against Czech Republic 0
- With Radamel Falcao, can Manchester United challenge for the Premier League? 4
- Why Danny Welbeck’s move to Arsenal was the best Deadline Day deal 5
- EXCLUSIVE: Fresh off his club debut, young Emerson Hyndman takes his USMNT chance in stride 0
- From Prague, with love: Klinsmann previews USA’s friendly vs. Czech Republic 4