UEFA has eight European clubs including Paris St Germain and AC Milan, fined for financial fair play violations.
The First Chamber of the Club Financial Control Body (CFCB) found that Milan, city rivals Inter, Juventus and AS Roma from Italy’s Serie A, the Ligue 1-Representative PSGAS Monaco and Olympique Marseille and the Turkish top club besiktas Istanbul did not meet the so-called break-even requirement in the period 2018 to 2022, so they spent more money than they took in.
The eight clubs have been fined a total of €172m, which will be withheld or paid directly from the proceeds from participation in UEFA club competitions.
However, only 15 percent (a total of 26 million euros) are due immediately. The remaining 85 percent (146 million euros) are suspended. This is four years for Inter Milan and Roma, and three years for the other six clubs.
PSG pays ten million euros
Paris St. Germain was hit with the biggest penalty: ten million euros are due immediately, 65 million euros on probation.
19 other clubs could have technically met the break-even requirement due to the application of the Covid-19 emergency measures and/or “historically positive break-even results”. These included Borussia Dortmund, 1. FC Union Berlin and VfL Wolfsburg from the Bundesliga.