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Three of the clubs carried out related-party deals, either selling infrastructure to connected companies or transferring players to affiliated teams. While such transactions were previously allowed under Premier League rules (a provision that ends next season), they do not comply with Uefa regulations.
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Chelsea sold Mathis Amougou to Strasbourg for £12m, and Aston Villa sold their women’s team.
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Strasbourg, Chelsea’s sister club within the BlueCo group, were fined €25m (£21.5m), with €12m (£10.3m) suspended, after reporting a squad-cost ratio above 70%.
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Newcastle posted a £34.7m profit after selling the leasehold for St James’ Park and nearby land to PZ Holdings Limited, a subsidiary.
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Last summer, Uefa fined Chelsea €31m (£26.7m) for financial sustainability breaches and warned of further potential penalties of up to €60m (£51.7m) over the next three years. Chelsea said Uefa had acknowledged an improving spending trend and that the 70% limit was only narrowly breached.
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All four clubs appeared in European competition last season, highlighting the challenge of meeting different rulebooks across two competitions. Uefa reduced the squad-cost cap from 80% to 70% of club income last season, tightening compliance.
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The Premier League’s version of squad-cost limits comes into force on Wednesday. Clubs playing in Europe must follow Uefa’s 70% threshold, while the other 11 Premier League teams may spend up to about 85% of income on the first-team squad and manager.
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The Premier League says this approach protects competitive balance by allowing clubs without European revenues to allocate a higher share of earnings to their squads.
- Despite missing out on Europe next season, Chelsea must still comply with Uefa’s framework under last summer’s agreement. Forest are not in a multi-year settlement, and Newcastle’s arrangement does not concern the squad-cost ratio.
July1July 1, 2026