Barcelona and Manchester United have been fined by UEFA for breaches of Financial Fair Play (FFP) regulations, European soccer's governing body said on Friday.
Barcelona have been fined $561,000 for wrongly reporting "profits on disposal of intangible assets" in 2022.
United have been fined $267,000 for "minor break-even deficits".
Manchester United have been fined £257,000 by UEFA over a minor breach of its previous financial fair play rules pic.twitter.com/hFKGB9C0CB
— Sky Sports Premier League (@SkySportsPL) July 14, 2023
"While disappointed by the outcome, Manchester United accepts this fine for what UEFA acknowledges to be a minor technical breach of its previous Financial Fair Play rules," United said in a statement to British media.
Cypriot side APOEL and Turkey's Konyaspor were fined $90,000 each for the same offense as United. Turkish clubs Istanbul Basaksehir and Trabzonspor, Belgian champions Royal Antwerp and Anderlecht were among other teams to receive fines.
The decisions follow the last round of monitoring using FFP rules that have been replaced by new sustainability regulations announced last year.
A group of high-profile European clubs including Paris St Germain, AC Milan and Inter Milan, who agreed settlements with UEFA in September last year, have fulfilled targets set for the financial year 2022.
UEFA added that these clubs will continue to be monitored for compliance next season.
(Reporting by Aadi Nair in Bengaluru, editing by Ed Osmond)
