City wait on UEFA findings

Manchester City may find out later this week if they have been found guilty of breaching UEFA's financial fair play rules.

Last Updated: 15/04/14 at 15:03 Post Comment

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

UEFA is continuing to investigate Manchester City, Paris Saint-Germain and an unspecified number of other European clubs over potential breaches, Sky Sports News has learnt.

It is believed that fewer than 20 clubs are now under investigation, down from 76 clubs in February.

UEFA's independent club financial control body (CFCB) is meeting for two days in Nyon, Switzerland and discussing further action for clubs that fail to meet its financial requirements.

There is no suggestion that Manchester City have yet been found guilty of breaching rules.

It is understood Manchester City expect to break even at the end of this season and do not believe they are in breach of rules after deductions for infrastructure, youth and community spending.

City manager Manuel Pellegrini, asked if he feared sanctions from UEFA, said: "No. First of all it is important to know what UEFA will have to say and then we can have an opinion.

"It is important for the club but I am not the person in charge of those kinds of things."

European football's governing body will not disclose the identity of the clubs involved and whether any are English.

Arsenal, Chelsea and Manchester United have told Sky Sports News they are not under investigation.

The CFCB is made up of two chambers, one investigative and the other adjudicatory.

Former Celtic chairman Brian Quinn is one of eight officials on UEFA's Investigatory Chamber. Charles Flint QC, an English barrister, is one of five officials on UEFA's Adjudicatory Chamber

UEFA has not yet disclosed the punishment for clubs that fail its rules but it can impose a number of sanctions including a warning, fine, disqualifying clubs from its competitions, including the Champions League and Europa League, and withdrawing a title or award.

Under rules since 2011, European clubs can spend up to £4m (€5m) more than they earn per year but can exceed this level to a certain limit until the end of the 2017/18 season.

Clubs can spend around £37m (€45m) more than they earn until the end of next season - if it is entirely covered by a direct contribution from the club owner or a related party.

Between 2015 and 2018, clubs will only be allowed to spend around £25m (€30m) more than they earn under the same limits.

UEFA says financial fair play is "about improving the overall financial health of European club football".

More of the games that matter

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

Y

ou spend £200 million in one year and you say 3 years to win the title, I don't think the Man U board signed you to win the title in 3 years after shelling out that sort of cash. Spending that sort of money you should be challenging for the title in this season, not getting an early excuse in to try appeasing the fans and board.

chelseablue_no1
Van Gaal has lofty ambitions

E

verything looks pretty when, for a short while, the sun shines through the dark clouds. For a brief moment you can forget about your last tonking or the many more to come.

godzilla
Van Gaal welcomes 'new start'

I

guess Storey was able to cancel his planned trip to the shops this weekend. He won't need to buy any food for a while because he's really dining out on those Angel/angel puns. It's going to be a long season.

ted, manchester
Forget Falcao, United Loving Angel Instead

Footer 365

Transfer news: Blackburn goalkeeper Jake Kean loaned to Yeovil

Yeovil Town have signed Blackburn goalkeeper Jake Kean on an initial month-long loan deal.

Rio: Moyes' tactics 'embarrassing'

Rio Ferdinand says David Moyes created a "negative vibe" during his Manchester United reign and labelled the Scot's tactics as "embarrassing".

Premier League: Chelsea striker Diego Costa knows goals will dry up

Chelsea striker Diego Costa has paid tribute to his team-mates for his flying start, but concedes his goals will dry up.

Mail Box

Fixing The Mess At Old Trafford

Plenty of conclusions on United's win over QPR and their missing link(s), more Ozil frustration, how Liverpool are like lasagne, as well as a word on Diego Costa's temperament...

A Lousy Day At The Office For Liverpool

We have some excellent thoughts on Arsenal's draw and Liverpool's woeful loss, plus praise for Villa, Diego Costa, Philippe Senderos and the 'final' word on hitting the post...

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