The money from Manchester City’s fine for the breach of FFP rules will be re-distributed among all other compliant Champions League clubs.
City had been fined £50 million for the FFP violations but will need to pay only £20 million if they meet the break-even clauses in the coming seasons. The first installment of payments from Manchester City, Zenit St. Petersburg and Paris Saint Germain will be £20 million and will be distributed among all the compliant clubs that took part in last season’s Champions League and Europa League.
A similar amount will be given to clubs that work within the rules in this season’s competitions.
The European Clubs’ Association Chairman Karl-Heinz Rummenigge said that UEFA had agreed that the money from the fines should go to the other clubs. He said,“It was an agreement between Uefa and the clubs that it was money belonging to the clubs.”
The clubs can argue and debate the verdict in a meeting with UEFA on the 13th of October this year.
Uefa president Michel Platini said in his speech to the ECA: “The framework for financial fair play must be dynamic, it must evolve constantly, which is why I have convened an important round table on the subject with your representatives at Uefa headquarters on October 13.
“We will see whether any imperfections can be ironed out and whether there is room to further improve the system.”