There has finally been some movement.
The Premier League charged Man City back in February 2023 Richard Masters says Manchester City are set to face a hearing for their 115 alleged breaches of Financial Fair Play rules in the ‘near future’. The Premier League CEO confirmed earlier this year that a date had been set for the hearing but did not reveal when it would take place. With the current Premier League season edging towards a conclusion, there has finally been some movement, more than a year after they were charged.
Clubs will be allowed to lose €60m over a three year period, with an extra €10m annual loss permitted if the club is deemed to be ‘in good financial health’. Expenditure on infrastructure, training facilities and youth development are not included in the FFP formula. The Premier League has its own financial framework, which prevents clubs from paying substantially more than they earn.
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