Barcelona & PSG among clubs to be sanctioned for violating FFP
Barcelona and Paris Saint-Germain are among the clubs who will be sanctioned by UEFA for violating the rules of Financial Fair Play (FFP), according to The Times' Martyn Ziegler.
Both clubs have spent a vast sum of money on player transfers and wages, and their actions are to be punished by UEFA's current method of controlling spending.
However, FFP is soon to be gone, with the Financial Sustainability Regulation (FSR) to take its place from 2023. This will place stricter rules on the spending of money across Europe.
But, with FFP still in place, Barcelona and PSG are two clubs to have broken clearly laid-out rules with regards to spending, and they will be punished.
The Times have reported that UEFA are preparing to sanction 10 clubs who breached FFP rules up to the 2020-21 campaign, with the announcements due in the next month. Barcelona, PSG, Juventus, Marseille, Inter Milan and Roma are reportedly among the clubs who will be sanctioned.
UEFA are expected to hand out fines to PSG and Marseille and transfer restrictions to Inter and Roma, according to The Times.
While Barcelona and Juventus are on the list of clubs to be sanctions, they've reportedly refused to engage in FFP negotiations with Uefa, and along with Real Madrid, are currently involved in legal action against UEFA as they try to set up a breakaway European Super League.
Why are clubs being punished for FFP?
UEFA’s FFP rules allow for losses of only €30 million (£25m) over three years, and if a club exceeds this then they're in violation of FFP. However, COVID-related losses and spending on women’s and academy football is also taken into account, meaning UEFA can be lenient.
What other clubs may be punished by UEFA?
While there are 10 clubs who will be sanctioned by UEFA for breaching FFP rules, several others are at risk of being dealt the same fate.
Arsenal are among those 20 clubs who have been noted due to concerns for the 2021-22 season. However, final financial accounts still have to be calculated by UEFA, and Arsenal reportedly believe they are safe and haven't breached any FFP rules, according to The Times.