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PSG, Milan, Juventus and Inter, among the clubs fined by UEFA for breaching financial fair play rules

2022-09-02T17:58:20.760Z


UEFA sanctioned millions of dollars in fines to several clubs for not meeting the budget balance requirements last season.


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(Reuters) --

Paris Saint Germain, AC Milan, Juventus and Inter Milan are among the clubs that reached an agreement with UEFA after failing to meet budget balance requirements last season, the club's governing body said on Friday. European soccer.

The eight clubs agreed to pay fines totaling 172 million euros ($172.50 million), of which 26 million euros must be covered in full and the rest is conditional on meeting targets set out in their respective agreements. .

PSG, AS Monaco and Olympique de Marseille of France, Italy's AC Milan and Juventus and Turkey's Besiktas have reached agreements covering the next three years, while Inter and Roma have agreed for four years, UEFA said in a statement. a statement.

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Of the eight, French champions PSG are subject to the biggest fine of €65m, of which €10m must be paid in full, followed by Roma, who face a €35m ban. , five million of which must be paid in full.

UEFA announced earlier this year a new sustainability regulation that replaces the previous Financial Fair Play (FFP) system.

The new stability requirements went into effect on June 1.

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Under the new rules, acceptable losses have doubled from €30m to €60m in three years.

The clubs that reached a three-year agreement have until the end of the 2025-26 season to comply with UEFA's new sustainability rules, otherwise they may be held liable for the full amount of the fines established by the entity.

Failure to comply could also see clubs banned from UEFA competitions in the 2024-25 and 2025-26 seasons, as well as a ban on registering new players in 2026-27.

Inter and Roma have one more season to comply with the new rules.

UEFA

Source: cnnespanol

All news articles on 2022-09-02

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