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The eight clubs have agreed to fines totalling
172 million euros ($172.50 million) of which 26 million euros
must be paid in full with the balance conditional on compliance
with targets laid out in their respective settlement agreements.
PSG, AS Monaco and Olympique de Marseille of France, Italy's
champions Milan and Juve plus Turkey's Besiktas have reached
settlements covering the next three years, while Inter and AS
Roma agreed four-year settlements, UEFA said in a statement.
Of the eight, French champions PSG are liable for the biggest
fine of 65 million euros, of which 10 million euros must be paid
in full, followed by Roma, who are liable for a penalty of 35
million euros, five million of which must be paid in full.
UEFA announced new sustainability regulations earlier this year
to replace the previous Financial Fair Play (FFP) system.
The new stability requirements, known as the football earnings
rule, came into effect from June 1.
Under the new rules, acceptable losses have doubled from 30
million euros to 60 million euros over three years.
The clubs that have agreed a three-year settlement have until
the end of the 2025-26 season to comply with the new UEFA
sustainability rules, failing which they can be held liable for
the full amount of the fines set by UEFA.
Failure to comply could also result in the clubs being banned
from UEFA competition in the 2024-25 and 2025-26 seasons, as
well as being banned from registering new players in the 2026-27
season.
Inter and Roma have one additional season to comply with the new
rules.
Nineteen other clubs, including Manchester City, Chelsea, West
Ham United, Leicester City and Barcelona avoided punishment due
to the emergency relief measures UEFA instituted during the
COVID-19 pandemic or because they had benefited from
historically positive break-even results.
UEFA said it had asked these 19 clubs for more financial
information and told them they would be monitored closely in
future as neither COVID-related deductions nor historical
finances would be considered from the next financial year.
($1 = 0.9971 euros)
(Reporting by Simon Jennings in Bengaluru; Editing by Ken
Ferris)
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