Manchester United fined for ‘minor’ FFP breach

Manchester United have received a 300,000 euros fine by Uefa for minor breach of Financial Fair Play rules.

Manchester United have been fined £257,000 by UEFA over a minor breach of its previous financial fair play rules 💰pic.twitter.com/hFKGB9C0CB

— Sky Sports Premier League (@SkySportsPL) July 14, 2023

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The club responded that they accept the punishment, but ultimately feel disappointed.

The statement further elaborated that “this reflected a change in the way that Uefa adjusted for Covid-19 losses during the 2022 reporting period, which allowed us to recognise only 15m euros of the 281m euros of revenues lost due to the pandemic within the FFP calculation”.

Barcelona was another high-profile club that received a fine of 500,000 euros back in 2022 for “wrongly reporting … profits on disposal of intangible assets (other than player transfers) which are not a relevant income under the regulations”.

AC Milan, Besiktas, Inter Milan, Monaco, PSG and Roma were among other teams also found guilty after the implementation of the new rule.