UEFA fines PSG, OM and Monaco
Eight European clubs, including PSG, OM and AS Monaco, have been fined for falling outside UEFA’s Financial Fair Play standards. They have three years to get back on track, under penalty of more severe penalties.
PSG, OM and AS Monaco escape heavy penalties. But they were still pinned down by UEFA. Apart from the nails of financial fair play, the three French clubs – as well as five other European teams – have been fined, formalized the body this Friday in a press release. They have three years to raise the bar, under penalty of more severe sanctions which can go as far as exclusion.
PSG is the most permanently sanctioned club
In detail, PSG will have to pay 10 million euros, while OM and AS Monaco are fined 300,000 euros each. Amounts likely to rise to 65 million and 2 million euros respectively if they do not meet their commitments by the 2025/26 season.
PSG is also the most durably sanctioned. The five other clubs pinned by UEFA are Besiktas (600,000 euros fine), AC Milan (2 million), Juventus (3.5 million), Inter Milan (4 million) and AS Roma (5 million).
While most clubs have accepted a recovery plan over three seasons which only includes accounting commitments, AS Roma and Inter Milan have opted for a four-season agreement, which also prohibits them from registering new players for European competitions in 2022/23 and 2023/24.
An internal source at PSG recalls that French football has been particularly impacted by the Covid crisis which interrupted the championship and the Mediapro crisis which cut clubs from their planned TV rights income. PSG suffered a loss over this period of 225 million euros. According to this same source, despite this sanction, PSG says it is ready to raise the bar to regain its financial levels for the 2017-2018 and 2018-2019 seasons. The many sales or loans of players during the last market are part of this strategic plan.
UEFA also explains that 19 clubs succeeded, thanks to an exceptional system during the Covid period, in respecting the rules of financial fair play. But this device can no longer be used in the calculations of the accounts in the coming seasons.
LOSC also pinned
The ax also fell for LOSC. UEFA indicates that the Mastiffs have only “partially fulfilled the objectives set for the 2021-2022 season” and that, therefore, they will receive a double sanction: limitation of the number of players that a club can s to register on the A list (the list communicated to UEFA when a club participates in European competitions) and restrictions on transfers during this 2022-2023 season.