76 clubs probed over FFP

UEFA has revealed that it is investigating 76 clubs in European competition this season for possible breaches of its Financial Fair Play rules.

Last Updated: 28/02/14 at 17:31 Post Comment

UEFA could impose a ban on clubs playing in European competition

UEFA could impose a ban on clubs playing in European competition

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

The 76 clubs - which represents about one-third of the total number playing in Europe - all failed UEFA's rules for 2012 and have been asked to provide financial information for 2013.

They have been asked to give updated financial statements to an independent UEFA-appointed panel monitoring their finances.

UEFA says it will announce the first sanctions against clubs in April and more serious cases will be judged by June.

The European body's general secretary Gianni Infantino said: "This figure of 76 clubs is a high figure but it has to be looked at in the perspective of what the end figure will be."

UEFA's rules for FFP state that clubs will be punished by potential bans from European competition if they do not balance their books, allowing them to lose only €45m (£38m) over a three-year period - provided these losses are covered by a benefactor.

There is also a requirement to keep up to date with 'overdue payables', such as taxes and player wages.

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Related News

Most Commented

Readers' Comments

Y

es, these stats are right. Rio Ferdinand definitely had a better debut than Fernando.

that man
Top Ten Debutants From Opening Weekend...

I

know it's only one game, and Arsenal have got an amazing midfield as is; but seriously, is Arsene Wenger the only person on Earth who doesn't want Cesc at their club?

Ezy_Rider
Top Ten Debutants From Opening Weekend...

P

S - 'Squeezes [English] out of his mouth like it's an elastic band he's found in his lamb bhuna' - bravo. Marvellous stuff

Ezy_Rider
Football Managers On TV: Paul Lambert

Footer 365

Transfer news: Jordan Rhodes subject of transfer bid from Hull City

Blackburn boss Gary Bowyer has revealed Hull City have made a bid for the club's prolific striker Jordan Rhodes.

Crystal Palace interested in Chelsea's international head coach Dermot Drummy

Crystal Palace have contacted Chelsea's international head coach Dermot Drummy as they continue to search for a new manager, Sky sources understand.

Transfer news: Mario Balotelli claims he will leave Milan for Liverpool as talks begin

Milan striker Mario Balotelli has told Sky Italia he will join Liverpool before the end of the month.

Mail Box

Rojo Is A Better Signing Than Hummels

There's some big talk in the morning mailbox, which claims that Man United were right to sign Marcos Rojo instead of Mats Hummels. Plus, one Gooner's happy Arteta's out...

So Long And Good Luck To Nani

A Mailbox that offers best wishes to a departing hero, defends Olivier Giroud, tells us to steady on over Calum Chambers and makes some amusing predictions...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property