05-16-2014, 05:50 PM
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#1601
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Franchise Player
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kind of surprised FFP came up with something this restrictive
Quote:
Under the complex ruling the club must also agree to a string of other conditions: maximum losses of €20m in 2014 and €10m in 2015, to cap their wage bill at current levels for the next two seasons and to "significantly limit" spending in the transfer market for the same period.
The sanctions will limit Manuel Pellegrini's options when it comes to naming his 21-man European squad, cut from the usual 25, of which eight must qualify as "homegrown". City pointed out, however, that last season they registered 23 players and used only 21.
If they comply with those conditions, they will get back €40m of the €60m fine, which will be deducted from their Uefa prize money over the next three years.
The club, who said they were on course to break even this financial year, claimed they had complied with the FFP rules but said they reluctantly accepted Uefa's sanctions in order to provide certainty.
City said they would be limited to spending a net maximum of £49m in the transfer window, bringing the splurges of recent years to an end.
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http://www.theguardian.com/football/...r-cap-uefa-ffp
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