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UEFA Financial Fair Play: PSG, Inter Milan and Juventus among clubs fined by UEFA for FFP breaches

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UEFA Financial Fair Play: Paris Saint-Germain, Inter Milan and Juventus are among clubs fined by UEFA on Friday for breaches…

UEFA Financial Fair Play: Paris Saint-Germain, Inter Milan and Juventus are among clubs fined by UEFA on Friday for breaching Financial Fair Play (FFP) rules, European football’s governing body said. Follow InsideSport.IN for football latest updates

Qatar-owned French champions PSG were fined the biggest at 10 million euros ($10 million), while Roma, AC Milan, Besiktas, Marseille and Monaco were also punished.

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UEFA Financial Fair Play: PSG, Inter Milan and Juventus among clubs fined by UEFA for FFP breaches

The fines were handed out after an analysis of the financial years from 2018 to 2022 by UEFA’s Club Financial Control Body found that they had all failed to meet the “break-even requirement”.

UEFA Financial Fair Play: PSG, Inter Milan and Juventus among clubs fined by UEFA for FFP breaches

Roma must pay five million euros and Inter four million euros, while Juventus was fined 3.5 million euros. The lowest fines went to Marseille and Monaco, which must pay 300,000 euros.

However, UEFA said the clubs were only asked to pay 15 percent of the total agreed “financial contributions”.

Therefore, PSG’s fine could rise to 65 million euros if they do not comply with the settlement reached with UEFA for the next three years, while Roma’s fine could reach 35 million euros.

UEFA Financial Fair Play: PSG, Inter Milan and Juventus among clubs fined by UEFA for FFP breaches

“Under the three-year settlement agreement, the clubs agree to comply with the football revenue rule in the 2025/26 season,” UEFA said.

“They commit to achieving interim annual targets and to apply conditional financial and sporting measures if these targets are not met.”

Roma and Inter both have four years to reach the goals set by UEFA.

UEFA announced earlier this year that it was phasing out its existing Financial Fair Play rules, which were introduced in 2010 and have allowed clubs to report losses of no more than €30 million over a three-year period.

FFP is being replaced by new licensing and “sustainability” rules which will allow clubs to report losses of €60m over three years, with the figure allowed even reaching €90m for a club “in good financial health”.

UEFA Financial Fair Play: PSG, Inter Milan and Juventus among clubs fined by UEFA for FFP breaches

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