MANCHESTER, United Kingdom: Barcelona and Manchester United were among the clubs fined by UEFA on Friday for breaches of financial fair play (FFP) regulations during the 2022/23 season.
United were fined 300,000 euros ($335,000) for failing to meet the break-even requirement that attempts to limit the losses made by clubs.
Spanish champions Barcelona were hit with a 500,000 euro sanction for including profits from sales of intangible assets, which are not relevant income under the regulations, to balance their books.
FFP rules, which were introduced in 2010, have allowed clubs to report losses of no more than 30 million euros over a three-year period.
Last season was the final year those regulations will be used by UEFA before new licensing and sustainability regulations are eased in over the next three seasons.
Champions League finalists Inter Milan, AC Milan, Paris Saint-Germain, Monaco, Roma and Marseille escaped sanction after meeting targets set by a UEFA settlement agreement.
Belgian club Royal Antwerp and Turkish side Trabzonspor were hit with the biggest fines of two million euros each.
Barcelona, Man Utd fined by UEFA over financial breaches
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Barcelona, Man Utd fined by UEFA over financial breaches
- FFP rules have allowed clubs to report losses of no more than 30 million euros over a three-year period
- Last season was the final year those regulations will be used by UEFA before new licensing
Flick: We are here to win the Spanish Super Cup
- Hansi Flick: Athletic Bilbao has many attacking options and we have to play our best game defensively and offensively
- Flick: We have to be smart about the players we sign. Our players are progressing. Our youngsters are developing, and we have faith in them
JEDDAH: Barcelona head coach Hansi Flick said that his team is fully prepared for the Spanish Super Cup semifinal against Athletic Bilbao in Jeddah, on Wednesday, and hopes to go all the way in the tournament.
Speaking at the pre-match press conference, the German coach discussed the team’s current form and a range of related topics, including the imminent signing of Joao Cancelo.
He said: “There are two games left to win the title. That’s motivation enough. At Barca, you want to win titles. That’s what the club and the fans want. We’re here to be successful.”
“It is a tough match against Athletic Bilbao which is considered as one of the best teams in the La Liga. Athletic has many attacking options and we have to play our best game defensively and offensively.”
On the signing of Joao Cancelo, he confirmed: “It’s not a done deal, but I’d be happy if it goes through. We talked about signing a center-back, but this is a good option for these six months.”
“Joao is a good player and he can play both (left and right) full-backs. That’s why we need him.”
“We have to be smart about the players we sign. Our players are progressing. Our youngsters are developing, and we have faith in them.
