PSG to pay UEFA $10M for breaking soccer club finance rules
GENEVA (AP) — Paris Saint-Germain must pay 10 million euros ($10 million) for breaking UEFA financial rules, with seven other clubs also punished for overspending since 2018.
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GENEVA (AP) — Paris Saint-Germain must pay 10 million euros ($10 million) for breaking UEFA financial rules, with seven other clubs also punished for overspending since 2018.
Paris St Germain, AC Milan, Juventus and Inter Milan are among eight clubs who have agreed settlements with UEFA after failing to comply with break-even requirements last season, European soccer's governing body said on Friday.
Inter Milan and Juventus are among clubs who were handed fines by UEFA on Friday for breaches of Financial Fair Play (FFP) rules, European football's governing body said. Qatar-owned French champions PSG were given the biggest fine of 10 million euros ($10m) while Roma, AC Milan, Besiktas, Marseille and Monaco were also punished. The fines were dished out after analysis of the financial years from 2018 to 2022 by UEFA's Club Financial Control Body found they had all failed to comply with the "break-even requirement".
UEFA have placed Rangers under Financial Fair Play scrutiny after fining eight clubs.
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