Serie A giants Inter Milan and AS Roma, as well as Ligue 1 outfit AS Monaco, are among 10 clubs who reached a settlement agreement with UEFA regarding Financial Fair Play violations on Friday.
The Guardian‘s Owen Gibson announced the news:
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UEFA later confirmed the news by releasing a statement on its official website:
The Club Financial Control Body (CFCB) Investigatory Chamber today announced that ten clubs, for which investigations were opened following non-compliance with Financial Fair Play (FFP) break-even regulations, have individually agreed to settlement agreements.
The clubs are AS Monaco FC, AS Roma, Besiktas JK, FC Internazionale Milano, FC Krasnodar, FC Lokomotiv Moskva and Sporting Clube de Portugal and, for minor breaches, FC Rostov, Kardemir Karabukspor and PFC CSKA Sofia.
The CFCB Investigatory Chamber also announced that VfL Wolsburg have been found (following the submission of additional financial information) to have satisfied the break-even requirement and are no longer under investigation.
Specifically, UEFA’s sanctions aim to ensure each club on the list manages to break even as quickly as possible, while each club will also have to deal with both financial and sportive punishment.
Roma, Inter and Monaco have all agreed to limit the amount of players they’re allowed to place on the “A” list for participation, per UEFA’s official website, while each club will also be limited in the amount of new players they’re allowed to sign for the foreseeable future.
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Rome were also given a fine of up to €6 million, while Monaco will pay up to €13 million, and Inter could pay as much as €20 million.
Those fines will not impact the club’s books, and they won’t count against their goal of breaking even in the foreseeable future.
For all clubs involved, the 2018-19 season is targeted as the date by which breaking even has to be accomplished.
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