PSG and other seven clubs FINED under FFP rules
The Parisian outfit face some of the heaviest fines after UEFA decided there were on breach of FFP rules
After a transfer window that broke many records, many where left pondering where does all this leave the Financial Fair Play rules. The set of economic restrictions, put in place by UEFA to limit the influence that rich owners and clubs can excert on the world of football and stop clubs from over spending themselves, are supposed to make it an even playing ground for most clubs. While that hasn't often been the case, this time UEFA has been working and they governing body of European football announced several sanctions to clubs who overstepped their expenses. The heaviest fines went to none other than Paris Saint Germain.
PSG's president Nasser Al-Khelaïfi will surely be unhappy about the fines
UEFA has penalised eight teams for breaking the Financial Fair Play regulations in addition to the Parisian outfit. PSG has been forced to make an unconditional 10 million euro payment for breaking economic standards, and depending on future compliance, they could be forced to make further 65 million euro payment. The other clubs sanctioned are AC Milan, Inter Milan, Roma, Juventus, Besiktas, Marseille and Monaco who will pay different fines ranging from 35 million to 2 million euros.
These clubs must balance their finances over a three-year period in order to comply with the break-even criteria, which forbids them from spending more than they make. In total, all eight clubs will pay at least 26 million euros this season, but could end up forking a total of 172 million euros.
As UEFA informed, the fines will either be paid upfront or deducted from the clubs' earnings from European club competitions like the Champions League or Europa League. The agreement's purpose is to support clubs during the transitional period between the FFP restrictions that entered in effect in 2018 and the newly approved laws that go into effect in stages starting in 2023.
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UEFA also found a total of 19 clubs that would have broken the rules if not for the 2020 and 2021 allowances put in place to fight the consecuences of the COVID pandemic, and have therefore warned these clubs that such measures will not be taken into account from 2023 onwards, meaning even more fines could be in order come next season.
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