Manchester United, Arsenal and Chelsea are poised to receive a cut of Manchester City’s Financial Fair Play fine after European clubs deemed the money should be split among themselves.
As revealed in Telegraph Sport in May, Uefa has drawn up plans for City’s fine of up to £50 million to be distributed to their rivals.
The European Club Association has since firmed up that proposal, revealing on Tuesday that the first tranche of that money should go to teams which qualified for the Champions League and Europa League last season.
Those clubs include United, Arsenal, Chelsea, Tottenham Hotspur, Swansea City and Wigan Athletic, all of whom stand to gain around £212,000 each from a pot of around £20 million collected from City and other sides who breached FFP.
A similar sum will be distributed to clubs who comply with the FFP rules in this season’s European competitions.
The chairman of the ECA, Karl-Heinz Rummenigge, said: “It was an agreement between Uefa and the clubs that it was money belonging to the clubs.”
Clubs will also have a chance to argue any changes to FFP rules at a meeting with Uefa on Oct 13.
Uefa president Michel Platini said in a speech to the ECA yesterday: “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 Oct 13.
“We will see whether any imperfections can be ironed out and whether there is room to further improve the system.”
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