Eight clubs fined by UEFA including PSG-Juventus 172 million euros. The European football governing body has said that the fine has been imposed for not complying with the rules of financial fair play.
However, clubs do not have to pay all the fines at once. For now, everyone will have to pay 15 percent of the fine, i.e. 26 million euros. Of which 10 million euros will be paid to PSG alone. And three and a half million euros fell to the fate of the old ladies of Turin. However, if cash cannot be paid, the money can be deducted from the dividend of any UEFA tournament, the notification said. They don’t have to worry about the remaining 85 percent of the money right now.
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Meanwhile, Barcelona and Manchester City were named in the investigation of this irregularity, but no evidence was found against them, they said. However, the two clubs are not getting rid of the allegations. It has been reported that financial transactions and management councils of 19 other clubs, including Barca-City, will be monitored.
The penalty applies to teams playing in UEFA club competitions in the 2021-22 season. UEFA has taken this decision after reviewing the financial years 2018, 2019, 2020, 2021 and 2022.
In addition to PSG and Juventus, AC Milan, Inter Milan, Roma, Besiktas, Olympique Marseille. And Monaco will also have to pay fines. If they do not comply with the rules, they may have to pay 172 million euros in total.
Eight clubs fined by UEFA
Paris St Germain, AC Milan, Juventus and Inter Milan are among the Eight clubs that 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.9