Eight European top-clubs given UEFA FFP fines
The Club Financial Control Body (CFCB) First Chamber, chaired by Sunil Gulati, announced today a series of decisions involving clubs that participated in the 2021/22 UEFA club competitions.
The CFCB First Chamber found that AC Milan (ITA), AS Monaco (FRA), AS Roma (ITA), Beşiktaş JK (TUR), FC Internazionale Milano (ITA), Juventus (ITA), Olympique de Marseille (FRA) and Paris Saint-Germain (FRA) did not comply with the break-even requirement.
The biggest fine from UEFA was given to PSG - the French club must pay 10 million euros. Roma were fined 5 million, Inter 4 million, Juventus 3.5 million, Milan 2 million, Besiktas will pay 600 thousand euros, and Marseille and Monaco - 300 thousand.
These eight clubs agreed to financial contributions of €172 million. These amounts will be withheld from any revenues these clubs earn from participating in UEFA club competitions or paid directly. Of this amount, €26 million (15%) shall be paid in full while the remaining balance of €146 million (85%) is conditional depending on these clubs' compliance with the targets stated in the respective settlement agreement.
