UEFA have placed Rangers under Financial Fair Play scrutiny after fining eight clubs.
The European governing body is attempting to crack down on overspending and is imposing a break even requirement on clubs who are competing in UEFA competitions. This means they should not spend more money than they take in over a certain period. A Covid adjustment was made to give clubs some leeway, but even with those in place, a number of top clubs fell foul of the rules. Monaco, Marseille, Besiktas, AC Milan,. Juventus, Inter, Paris-SG and Roma were all fined by UEFA. Monaco received the lowest penalty of €300,000 while Ligue 1 rivals PSG were hit hardest with a €10million fine slapped on them.
Chelsea, Leicester, West Ham and Man City only avoided sanctions due to the special Covid allowances being in place and achieving break even results in previous seasons. But their financial dealings will be monitored closely as a result. Rangers are the other British club under the beady eye of the beaks.
