TheNigerianVoice Online Radio Center

UEFA plan to share City fine among rivals

By The Rainbow
Click for Full Image Size
Listen to article

Every Premier League club would get a slice of Manchester City 's world-record fine for breaching Uefa's Financial Fair Play regulations under plans being drawn up by European football's governing body.

Even relegated Norwich City , Fulham and Cardiff City would receive their cut of what could end up being £50m surrendered by the Premier League champions after their £1bn spending spree under Sheik Manour bin Zayed al Nahyan fell foul of FFP rules.

Uefa president Michel Platini and general secretary Gianni Infantino plan talks with the chairman of the European Club Association, Karl-Heinz Rummenigge , to discuss precisely how to redistribute the fines levied from the FFP sanctions announced last week.

Platini and Infantino want what is a pot worth up to £114.5m to be shared not only among all 237 clubs competing in Europe this season and next but also teams in domestic leagues affected by their rivals' overspending.

That would apply to five countries, including England, meaning a total of around 300 clubs stand to benefit from the transgressions of City, Paris Saint-Germain and seven other sides.

If the money is distributed evenly, the most any team could hope to receive is approximately £380,000.

Uefa is hoping such solidarity payments will reduce the threat of clubs appealing the settlements agreed with those who broke the rules. It is understood no team has yet mounted a formal challenge ahead of Monday's deadline for doing so. City chairman Khaldoon Al Mubarak defended the spending.

'We don't pay a penny to service any debts. For me, that's a sustainable model. However, our friends in Uefa seem to believe otherwise. They have their view, we have ours,' he said.

The biggest current threat to FFP will be removed in the coming weeks after the Europe Commission indicated it would snub a legal challenge to the cost-control measures led by the man who helped bring about the Bosman ruling.

The EC has formally notified European football's governing body that it intends to reject the complaint filed by Italian agent Daniel Striani, who claimed FFP broke European Union competition laws. (© Daily Telegraph, London )