Paris Saint-Germain and Juventus were among eight European clubs to be slapped with limited financial sanctions by Uefa on Friday for breaching Financial Fair Play rules.AFP reports.
The European Forum has agreed with the groups on a recovery plan for at least three seasons.
PSG will have to pay 10 million euros, while the other two French clubs, Olympic Marseille and AC Monacowill pay 300,000 euros each, the European Football Forum said.
These amounts could amount to €65 million for the Paris club and €2 million for OM and ASM if they do not fulfill their obligations by the 2025/26 season.
UEFA’s Club Financial Control Tribunal (ICFC) prosecuted eight sanctioned teams that qualified for the 2021/22 European Cup and are therefore subject to Financial Fair Play.
A. S. Roma was fined “unconditionally” for 5 million euros, that is, regardless of his further efforts to clean up his accounts, Inter Milan with 4 million euros, Juventus Turin with 3.5 million euros, Milan (just acquired by the American fund RedBird) for 2 million euros and Besiktas Istanbul from 600,000 euros.
If the four Italian teams and the Istanbul club fail to meet the targets set jointly with the ICFC, the sums will be €35 million for Roma, €26 million for Inter Milan, €23 million for Juve, €15 million for Juventus “. Rossoneri and 4 million euros for Besiktas.
Most clubs have agreed to a three-season plan, which only includes bookkeeping commitments, but Roma and Inter have opted for a four-season contract that also bars them from registering new players for European competitions in 2022/23 and 2023. 24.
Financial Fair Play, introduced in 2010 to fix debt-ridden European football, prohibits clubs in the continental competition from exceeding a deficit of €30m accumulated over three seasons – a relaxed rule for 2020- 21 and 2021-22 due to the Covid-19 pandemic.
But in the spring, UEFA announced a major overhaul of the system to encourage investors to come in and at the same time limit salary increases.
To do this, UEFA will double the allowed deficit over three years for each club and gradually introduce a very relaxed form of wage cap.
In particular, from the 2025/2026 season, clubs will have to limit the salaries of their players and coaches, transfer commissions and agents’ commissions to 70% of their income, writes Agerpres.
Source: Hot News RO
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