Football: PSG, Man City face squad caps, hefty fines over Financial Fair Play
Published on May 6, 2014 7:42 PM
LONDON (REUTERS) - Paris St-Germain and Manchester City face fines of 60 million euros (S$104 million) and limits on their Champions League squads for next season for breaching Uefa's Financial Fair Play (FFP) rules, a source close to the process told Reuters on Tuesday.
Uefa aid last week that nine unnamed clubs faced punishment under new rules designed to force teams to limit their financial losses and make the sport more economically stable. Confirmation of the sanctions could come by the end of this week.
French sports daily L'Equipe reported on Tuesday that Qatari-owned PSG would be fined and have their Champions League squad capped at 21 players instead of 25 next season under a proposed settlement. The club's wage bill would also be capped and the fine spread over three years.
A similar settlement is believed to have been offered to City but the English club is disputing the terms.
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