UEFA fine eight clubs for Financial Fair Play breaches and place Man City on watchlist

UEFA say they will monitor Manchester City's finances closely this year after fining eight clubs for failing to break even with Financial Fair Play regulations.

Paris Saint-Germain, Inter Milan, Juventus, Roma, AC Milan, Marseille, Monaco and Besiktas have all been fined a total of €172 million by the Club Financial Control Body for not complying with the break even requirement for the 2021/22 UEFA club competitions. Of that figure, only €26 million will be paid initially, with the rest conditional depending on each club's compliance with respective settlement agreements.

Regarding City, UEFA say the Blues were 'able to technically fulfil the break-even requirement', but were reminded that from the next financial year, any help they received from Covid-19 emergency measures or historical break-even results would no longer be considered.

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As a result, UEFA have asked City, and 18 other clubs, for additional financial information and will monitor them closely in the next year so that they will be in compliance with the regulations moving forward.

A UEFA statement said: "The CFCB First Chamber also observed that another 19 clubs that took part in the 2021/22 UEFA club competitions, namely Borussia Dortmund, Chelsea FC, FC Barcelona, FC Basel 1893, 1.FC Union Berlin, Fenerbahçe SK, Feyenoord, Leicester City FC, Manchester City FC, Olympique Lyonnais, Rangers, Real Betis Balompié, Royal Antwerp FC, Sevilla FC, SS Lazio, SSC Napoli, Trabzonspor AŞ, VFL Wolfsburg and West Ham United FC, were able to technically fulfil the break-even requirement thanks to the application of the COVID-19 emergency measures and/or because they benefited from