UEFA fines PSG with $10 million for breaking Financial Fair Play rules

PSG will have the biggest amount deducted from Champions League prize money this season, with seven other clubs also punished for overspending since 2018

Paris Saint-Germain must pay 10 million euros ($10 million) for breaking UEFA financial rules, with seven other clubs also punished for overspending since 2018.

UEFA said its club finance investigators ordered prize money from European competitions totaling 26 million euros to be withheld from the eight clubs sanctioned under Financial Fair Play rules.

A further 146 million euros in total punishments could be imposed if the clubs fail to meet financial targets in the next three to four years they have agreed to in settlement deals, UEFA said.

PSG will have the biggest amount deducted from Champions League prize money this season. A group of Italian clubs were next in line: Roma must forfeit prize money of 5 million euros, Inter Milan 4 million euros, Juventus 3.5 million euros, and AC Milan 2 million euros.

French champion PSG declined to comment on the case, which covered the 2021-22 season when it added Lionel Messi to a superstar forward line that already featured Kylian Mbappé and Neymar.

PSG earned 110 million euros in Champions League prize money for reaching the semifinals in the 2020-21 season, the most recent prize list published by UEFA. The club’s total revenue last season was reported to be about 700 million euros when it was eliminated in the round of 16.

AC Milan said in a statement, “We will continue with confidence on the virtuous path towards financial sustainability.” The Italian champion was bought this week by American investors RedBird Capital Partners in a 1.2 billion euros deal that included the New York Yankees as a minority partner.