GENEVA — The European Club Association says it wants UEFA to give more than $30 million collected from Financial Fair Play fines back to other clubs.
Manchester City, Paris Saint-Germain and Zenit St. Petersburg, who were among nine clubs sanctioned for overspending on player transfers and wages, paid almost all of the 24 million euros ($31 million) withheld from Champions League prize money last season.
ECA chairman Karl-Heinz Rummenigge says the group gave UEFA’s executive committee a proposal for sharing the money among clubs playing in last season’s Champions League and Europa League, excluding the offenders.
The ECA says more than 70 group-stage clubs would each get about 265,000 euros ($341,000). The remaining 20 per cent, 4.4 million euros ($5.7 million), would be spread among clubs eliminated in qualifying rounds.