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.
Apr 27, 2015, 10:45 PM EDT
Sometimes words can’t be used to express emotions, so this team resorted to throwing wild haymakers instead.
Apr 27, 2015, 9:10 PM EDT
A friendly reminder that we’re all entirely too knee-jerk with our reactions these days.
Apr 27, 2015, 7:15 PM EDT
This one is an absolute beauty from Bobby Wood, who’s doing his part to keep Erzgebirge Aue from being relegated out of 2. Bundesliga.
Apr 27, 2015, 6:00 PM EDT
Freddy made his second appearance for KuPS last week, and dare we say it, he looked pretty good. See for yourself.
Apr 27, 2015, 4:55 PM EDT
Only an all-time historic meltdown of epic proportions can keep Bournemouth out of the Premier League now.
Apr 27, 2015, 4:15 PM EDT
Maybe the best player in MLS that you don’t know about, it’s time to recognize Ethan Finlay.
Apr 27, 2015, 3:30 PM EDT
28 goals in 9 games means choices aplenty for this week’s MLS Team of the Week.
Apr 27, 2015, 3:11 PM EDT
Now 21-year-old midfielder John McGinn is set for three weeks on the sidelines, though he also has a heck of a story.
Apr 27, 2015, 2:18 PM EDT
The 29-year-old Belgian center back joins a unit which has conceded just 19 goals in La Liga play, the best total in the league by six goals.
Apr 27, 2015, 1:35 PM EDT
Hazard is now the PFA’s reigning Player of the Year. We doubt very much this video will make his peers think they voted incorrectly.
Apr 27, 2015, 1:16 PM EDT
Backup keeper Erik Kronberg is ineligible for the competition since he was a part of Sporting KC earlier in the tournament.
Apr 27, 2015, 12:07 PM EDT
The headlines aren’t being kind to Newcastle on Monday morning, and it seems their manager is sick of his players’ performance and grief from supporters.
Apr 27, 2015, 11:08 AM EDT
True to form, the West is leading. Perhaps not to expectations, but leading nonetheless.
Apr 27, 2015, 10:35 AM EDT
PST’s Lead Writer and Editor takes an alternative look at Week 34 in the PL.
Apr 27, 2015, 10:10 AM EDT
Find out which club put forth a performance that was second to none in Round 34 of the Premier League.
MLS official squashes rumor of emergency intra-MLS goalkeeper loan for CONCACAF Champions League final
Apr 27, 2015, 9:21 AM EDT
A potential week-long loan of Chicago Fire goalkeeper Sean Johnson to the Montreal Impact for this Wednesday’s second leg of the CONCACAF Champions League final against Club America is not going to happen.
Apr 27, 2015, 8:35 AM EDT
Find out whose star shone above the rest in the Premier League this weekend.
Apr 27, 2015, 8:08 AM EDT
Elton John. American skippers and Harry Potter. Get to know the Hornets ahead of their PL return.
Apr 27, 2015, 7:50 AM EDT
Sturridge and Luis Suarez registered 52 PL goals last season. Liverpool as a team has 47 this season.
Apr 26, 2015, 11:50 PM EDT
Final: Sounders 1-0 Timbers
- MLS Player of the Week — Week 8: Columbus Crew SC’s Ethan Finlay 0
- MLS Team of the Week — Stars of Week 8 0
- Not even allowed an appeal: CONCACAF confirms Bush suspension for Champions League final 2
- Premier League Playback: Chelsea brilliant, not boring, as title inches closer 0
- MLS official squashes rumor of emergency intra-MLS goalkeeper loan for CONCACAF Champions League final 11
- VIDEO: Premier League Player of the Week — Round 34 0