Tuesday, 6 May 2014

Manchester City Fined £50 Million, Squad Capped For Breaching Financial Fair Play Rules

MANCHESTER City will have to contest next season’s Champions League with a squad size limited to 21 players, after being found guilty of breaching UEFA’s financial fair play rules.
Sky sources have also reported that City have been fined £50 million for the offence.
The reduction in the size of their Champions League squad however, from 25 to 21, will hit the club hardest, with City having to ensure that there are still eight locally-trained players in their squad.
UEFA president Michel Platini said recently that he did not expect any club to be excluded from next season’s Champions League for breaching spending limits.
Paris Saint-Germain are one of eight other clubs currently under investigation for breaking UEFA’s financial rules.
City are reportedly refusing to accept the punishment and have been given more time to negotiate a settlement.

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