Uefa reveal 76 clubs, understood to include Chelsea, Manchester City and PSG, are under investigation for possible Financial Fair Play breaches
Those that don't comply with the rules could face sanctions, with Uefa permitted to bar teams from European competitions
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.UEFA has revealed that 76 clubs in European competition this season - about one third of the total - are being investigated for possible breaches of its Financial Fair Play (FFP) rules.
The 76 clubs all failed UEFA's break-even calculations for 2012 and have been asked to provide financial information for 2013. Manchester City, Chelsea and French club Paris St Germain are believed to be among the clubs involved.
The clubs will all now have their finances assessed by the Club Financial Control Body to see if the breaches have continued and whether sanctions should apply.
UEFA general secretary Gianni Infantino said: "This figure of 76 clubs is a high figure but it has to be looked at in the perspective of what the end figure will be."
Clubs face a range of sanctions from a warning or a fine up to being forced to play in Europe with a salary cap on the squad, or even being barred from competing and having trophies stripped.
PA
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments