Rangers on UEFA financial fair play watchlist as governing body cracks the whip on break even rule

UEFA have placed Rangers under Financial Fair Play scrutiny after fining eight clubs.

The European governing body is attempting to crack down on overspending and is imposing a break even requirement on clubs who are competing in UEFA competitions. This means they should not spend more money than they take in over a certain period. A Covid adjustment was made to give clubs some leeway, but even with those in place, a number of top clubs fell foul of the rules. Monaco, Marseille, Besiktas, AC Milan,. Juventus, Inter, Paris-SG and Roma were all fined by UEFA. Monaco received the lowest penalty of €300,000 while Ligue 1 rivals PSG were hit hardest with a €10million fine slapped on them.

Chelsea, Leicester, West Ham and Man City only avoided sanctions due to the special Covid allowances being in place and achieving break even results in previous seasons. But their financial dealings will be monitored closely as a result. Rangers are the other British club under the beady eye of the beaks.

Following the Club Financial Control Body First Chamber meeting, UEFA confirmed that the Light Blues were one of a host of clubs being asked to provide more financial information and are being monitored.

A statement read: "Finally, the CFCB First Chamber also observed that another 19 clubs that took part in the 2021/22 UEFA club competitions, namely Borussia Dortmund (GER), Chelsea FC (ENG), FC Barcelona (ESP) , FC Basel 1893 (SUI), 1.FC Union Berlin (GER), Fenerbahçe SK (TUR), Feyenoord (NED), Leicester City FC (ENG), Manchester City FC (ENG), Olympique Lyonnais (FRA), Rangers (SC O ), Real Betis Balompié (ESP), Royal Antwerp FC (BEL), Sevilla FC (ESP), SS Lazio (ITA), SSC Napoli (ITA), Trabzonspor AŞ (TUR), VFL Wolfsburg (GER) and