Sunday, April 29, 2012

UEFA THREATENS CHELSEA, MANCHESTER CITY WITH CHAMPIONS LEAGUE BAN


                                        Manchester City Owner Sheik Mansour

Big spenders Manchester City and Chelsea have been warned by Europe's football bosses in UEFA that if they splash out on players this summer they may be forced to cut back their Champions League squads - and even be barred from taking part in European competition.

Under UEFA's tough Financial Fair Play rules, applied from this season, clubs are allowed to make losses of no more than £36million over two years. 

But with sanctions for offending clubs due to be enforced from 2013-14, City and Chelsea face an almost impossible task to reduce their losses to acceptable levels.
                                        Roman Abramovich, Chelsea Billionaire owner
City reported a £197m loss last year, while Chelsea's deficit was £67.7m. With both expected to rebuild their squads at considerable expense this summer, their prospects of success - and even future participation - in the highly lucrative Champions league are looking bleak.

UEFA president Michel Platini is expected at the Etihad Stadium for tomorrow's Premier League title showdown between City and Manchester United.

Victory for City would throw the momentum back to Roberto Mancini's expensively assembled team but City know that both they and Chelsea could face exclusion from the Champions League if they do not change their ways.

Alasdair Bell, UEFA's director of legal affairs, insisted last week that serious sanctions will apply to clubs who miss the £36m limit by more than 20 per cent.

In the first instance, UEFA will force offending clubs to withdraw up to five players from their 25-strong Champions League squads for the 2013 competition.
Repeat offenders will face being thrown out of the Champions League from the following year.



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