Man City facing FFP sanctions
Manchester City are set to be punished by UEFA over the coming days for breaching Financial Fair Play regulations, the Daily Telegraph is reporting.
The club, who are owned by billionaire Sheikh Mansour, are set to be charged by Europe’s governing body for excessive spending. Ligue 1 title favourites Paris St. Germain, who have also invested heavily in recent seasons, are among the other clubs at risk of severe sanctions.
Mansour took over Man City back in 2008, while they were a mid-table Premier League side, and has overseen a rise which has seen them become perennial title contenders, looking to make the latter stages of the Champions League.
Last summer, Man City were among the biggest spenders in the Premier League, splashing out nearly £100m for the signings of Fernandinho, Jesus Navas, Alvaro Negredo and Stevan Jovetic.
Financial Fair Play rules state that each club must not make losses of more than €45m (£37.2m), and while Premier League rivals Arsenal, Chelsea and Manchester United are not being investigated, Man City are because of the £149m loss they posted over the period between 2011 and 2013.
Should they - as expected - be found guilty of breaching regulations, Man City are likely to face a heavy fine or a transfer embargo.
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