Overview

• Chelsea received an unconditional €31 million fine and faces up to €60 million more if it misses compliance targets under a four-year settlement.
• Aston Villa was hit with an unconditional €11 million penalty and could incur another €15 million over three years if it fails to meet agreed financial and squad cost thresholds.
• Barcelona must pay an unconditional €15 million fine and faces up to €45 million in conditional charges as part of a two-year settlement to align with the football earnings rule.
• All three clubs agreed to restrict new player registrations for UEFA competitions unless their List A transfer balance remains positive and to meet intermediate annual financial targets.
• UEFA’s 2024 regulations cap losses at €200 million over three years and limit squad costs to 80% of revenue, falling to 70% next season, with settlement frameworks designed to enforce sustained fiscal discipline.