Manchester City manager Manuel Pellegrini plays down fears over FFP sanctions

Reports suggest the big spending club could be hit under Financial Fair Play rules

Manchester City manager Manuel Pellegrini insists he is not worried by the possibility of the club being sanctioned by UEFA for breaching financial fair play (FFP) rules.

City are among a number of clubs, including Paris St Germain, that are having their cases considered this week by UEFA's Club Financial Control Body's (CFCB) which will decide if they have committed breaches of the break-even rules.

The possible sanctions will be announced in early May and range from a warning to a fine, up to a salary cap for a club's European squad or even being barred from next season's Champions League. UEFA has confirmed that it cannot impose transfer embargoes.

Asked if he was worried about the possibility of sanctions, Pellegrini told a news conference: "No. First of all it is important to know what UEFA will have to say and then we can have an opinion.

"It is important for the club but I am not the person in charge of those kinds of things."

City have had no indication from UEFA about any possible action and senior sources at the club insist they are comfortable with their position.

 

The CFCB's investigatory chamber, headed by former Belgium prime minister Jean-Luc Dehaene, will conclude its meeting on Wednesday and those clubs judged to have committed serious breaches of FFP rules will be referred to the CFCB's adjudicatory panel for a final verdict, with UEFA to announce details of all sanctions around May 5.

City, who have lost £149million in the past two seasons, and PSG are among the 76 clubs under investigation.

The CFCB panel will have four options open to them: to dismiss the case; to agree a settlement with the club effectively putting them on probation; to issue a reprimand and fine of up to 100,000 euros; or in serious cases to refer the club to the adjudicatory chamber.

Clubs can appeal against any decision to the Court of Arbitration for Sport.

PSG's position looks to be the most perilous - the Qatari-owned club wiped out their losses via a back-dated sponsorship deal with the Qatar Tourism Authority. As it is a deal with a party related to the owners however, the French club have to convince UEFA the deal is of fair market value.

French newspaper L'Equipe reported last month that UEFA officials found the Paris club's officials "a bit haughty" in the discussions over FFP but that Manchester City had been more convincing.

Clubs are permitted to lose up to 45million euro (£37million) over the last two years under UEFA's rules.

City made losses of £97.9million in 2012 and £51.6million last year but can write off sums spent on facilities, youth development and a number of other items.

Other top English clubs have little to fear, with the likes of Arsenal and Manchester United being in the black in both years. Chelsea made a £49.4million loss last year but made a £1.4million profit in 2012 so will comply.

Liverpool, who have lost £90million over the last two years, and other clubs such as Monaco who are not playing in Europe this season will not have to pass the FFP rules until next autumn with any sanctions applicable in 2015.

PA

Suggested Topics
Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?