Newcastle, Chelsea and Aston Villa fined for breaching European financial rules
Uefa fines Newcastle £5.2m for first breach of squad cost rulesChelsea and Villa hit with penalties for second year in a rowNewcastle have been fined €6m (£5.2m) by Uefa for breaching its financial sustainability regulations, while Aston Villa and Chelsea have also been given fines for overspending for the second successive year.Following detailed submissions to Uefa’s club financial control body (CFCB), Newcastle were found to have breached the football earnings rule (FER) and squad cost rules (SCR), with both offences…
Source: www.theguardian.com