Nyon: UEFA on Friday fined both Manchester City and Paris Saint-Germain 60 million euros ($82 million, £49 million) and capped their Champions League squad to 21 for falling foul of financial fair play rules.
Newly-crowned EPL champions, Manchester City enjoyed a massive spending spree under billionaire owner Sheikh Mansour bin Zayed al-Nahyan of Abu Dhabi. “The club’s expenditure on new players for the upcoming summer transfer window, on top of income from players it might sell, will be limited to 60m euros. This will have no material impact on the club’s planned transfer activity,” City said.
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