Paris Saint-Germain, Inter Milan and Juventus are a few of the clubs who were fined by UEFA for the breach of Financial Fair Play (FFP) rules, as per the European football's governing body on Friday. Defending Ligue 1 champions PSG has been handed the biggest fine of 10 million euros ($10m) while Roma, AC Milan, Besiktas, Marseille and Monaco were also penalised.
The fines are based on the analysis of the clubs’ financials from 2018 to 2022 by the Club Financial Control Body of UEFA. The report addressed that all these teams had failed to follow the ‘break-even requirement’ and hence Roma was fined to pay five million euros, Inter Milan four million euros, Juventus were fined 3.5 million euros and AC Milan two million euros. While Besiktas is asked to pay 600,000 euros.
French clubs Marseille and AS Monaco were handed the lowest fine as they were asked to pay 300,000 euros each. However, UEFA stated that clubs are currently required to pay 15 per cent of the total agreed "financial contributions". So, PSG's fine could skyrocket to 65 million euros, if they fail to adhere to the settlement reached with UEFA for the next three years. Similarly, AS Roma's fine could reach 35 million euros.
A lot of these clubs have agreed to three-year settlement periods, excluding Roma and Inter as they have decided to opt for a four-year period to meet UEFA's targets. This decision also alludes to the fact that they cannot register new players for European tournaments this season.
"Under the three-year settlement agreement, clubs agree to comply with the football earning rule during the 2025/26 season," UEFA said. "They undertake to reach intermediate annual targets, and to the application of conditional financial and sporting measures should these targets not be met."
These fines were handed after the 2022 summer transfer window finally concluded as football teams across the globe completed around 1450 deals which approximately are worth 3.7 billion pounds spent across Europe’s top five leagues like the Premier League, LaLiga, Bundesliga, Serie A and Ligue 1.