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

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched 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.

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Premier League: Wayne Rooney wants Manchester United captaincy and title challenge

Wayne Rooney is keen to be named Man United captain and is confident the team can challenge for the title.

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

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