September 9 – Uefa have Roma €2 million and threatened Istanbul Basaksehir with a one-year ban from European competition in the latest rulings by UEFA’s Club Financial Control Body (CFCB) First Chamber.
Basaksehir were also fined €100,000 while Aston Villa were hit with a €60,000 fine and Marseille €20,000 for late delivery of accounts for the monitoring system once known as financial fair play.
Villa are playing in the Champions League this season so their fine will be dwarfed by the €40 million they are likely to earn in prize money.
UEFA required clubs last season to spend no more than 90% of revenue on wages and transfer fees. The so-called “squad cost rule” is being phased in over three seasons to 80% in 2024 and 70% in 2025.
“All clubs reported a squad cost ratio within the 90% applicable for the 2023-24 season,” UEFA said.
PSG, Inter Milan and AC Milan were among 10 clubs fined in previous years which met financial targets last season, UEFA said. AS Monaco, Beşiktaş, Trabzonspor, Royal Antwerp, and Marseille met their 2023 financial targets – Roma and Istanbul Başakşehir the only outliers.
Roma “slightly exceeded the intermediate target” and was fined, UEFA said. Roma will play in the Europa League this season.
UEFA’s club finance monitoring panel judged Basaksehir “slightly breached the final target foreseen” last season.
The Turkish club will be barred from the next UEFA competition it qualifies for in the next three seasons unless it complies with fresh financial targets. Basaksehir also can register just 23 senior players instead of 25 in the third-tier Conference League this season.
The CFCB report provided updates on the monitoring of 10 clubs under financial settlement agreements. Of those 10, AC Milan, Inter Milan, AS Monaco, PSG, Beşiktaş, Trabzonspor, Royal Antwerp, and Marseille met their 2023 financial targets, with AS Roma and Istanbul Başakşehir the only outliers.
