by Jim05 » Sat May 17, 2014 11:14 am
Manchester City set to escape with £16m fine after agreeing deal with UEFA over Fair Play breach
Man City fined £48.8million by UEFA but £32.5m is suspended
Premier League champions will pay just £16.2m fine if they comply with spending controls agreed with UEFA
Man City agree to limit spending in next transfer window to £48.8m (60m euros)
Club also agreed wage bill for the whole club will not rise in 2014/15 season
Champions League squad will be limited to 21 players next season
Manchester City have accepted a reduced punishment for breaching Financial Fair Play regulations after agreeing a compromise with UEFA on Friday night.
As widely predicted, City have been fined a total of £48.8million (€60) by European football’s governing body.
However, £32.6m (€60) of that fine will be suspended providing the new Premier League champions meet a number of conditions.