UEFA is drawing up plans that will see every Premier League club earn a share of the £50million fine they have imposed on Manchester City for breaching Financial Fair Play regulations, according to the Daily Telegraph.
Michel Platini, UEFA’s president, and general secretary Gianni Infantano are looking in to the possibility of equally distributing fines levied from FFP sanctions, with around 300 clubs from five different countries hoping to take a cut from the £114.5m pot.
If that pot is dished out evenly then each club competing in Europe and in leagues in which a team has been punished for breaching regulations, clubs could pocket around £380,000.
Premier League clubs have until Monday to appeal punishment imposed on Manchester City, with the likes of Liverpool, Chelsea, Arsenal and Manchester United all unlikely to mount a challenge.
Everton are also not expected to appeal due to their chances of benefiting from City’s potential suspension from European competition after they finished fifth in the Premier League last term.
Speaking for the first time since being handed the record-breaking £50m fine, City’s chairman Khaldoon Al Mubarak has denied any wrong doing but suggested the large fee hardly impacts on the club’s finances.
He said: “We don’t pay a penny to service any debts. For me, that’s a sustainable model.
“However, our friends in UEFA seem to believe otherwise. They have their view, we have ours.
“I disagree with their views but we are pragmatic. If it means sometimes to take a pinch, we’ll take a pinch.”