Newcastle United has entered into a settlement agreement with UEFA following a breach of its Financial Sustainability Regulations in the three-year period ending June 2025.
Following an overspend in relation to UEFA's Football Earnings threshold, the club has worked closely and constructively with the Club Financial Control Body (CFCB) to swiftly resolve the matter.
Accordingly, the club has accepted the three-year settlement, which includes a €3m financial penalty, with a further €7m suspended pending future compliance.
In addition, UEFA has determined that the club will pay a further €3m due to breaching UEFA's 70% Squad Cost Ratio (SCR) target in calendar year 2025.
Newcastle United thanks UEFA for its careful consideration and is committed to full ongoing compliance.
by thatjc
9 Comments
Sell Pope to Ipswich to cover it.
So is this €3mil + €3mil, and €7mil more of you do it again?
Any news on Man City’s punishment for their 115 charges?
I’m not aware of what others have been fined previously but this doesn’t sound too bad. The question will be what ‘ongoing compliance’ means and how that restricts us going forward. I also wonder whether this has already affected our summer transfer plans?
It is frustrating that we are under so many restrictions even following some relative success. Its getting harder and harder to operate or compete underneath the top 6.
Cool. Now do City please.
Anti competition alive and obvious.
Surely it would be cheaper to just pay them off to avoid these fines like city, no?
The good news with that second fine, is that the first breach of the SCR carries a 10%-25% penalty as long as you aren’t more than 10% over the squad cost ratio. So presumably such a small fine would indicate we were within the range of 70%-77% for our SCR, in a season without Europe.
As such you’d assume we were able to be complaint last season with European football and it shouldn’t be too hard to be compliant this coming season without Europe.
STOP PLAYING BY THEIR TWO TIER FUCKING RULES!!!!! Just cheat like Man City, there’s no punishment and playing by their code is just screwing us over i.e. Longstaff
This essentially means we have to maintain a positive transfer balance (e.g. Villa last summer). It’s not nothing, it’s a big problem for us.