Nine clubs face punishment over financial losses


Paris St Germain's coach Laurent Blanc attends the French Ligue 1 soccer match against Evian Thonon Gaillard at the Parc des Princes Stadium in Paris, April 23, 2014. REUTERS/Benoit Tessier

LONDON (Reuters) - Nine European football clubs face punishment under new rules designed to force teams to rein in their financial losses, UEFA said on Friday, without naming any of the offenders.

Media reports this week said big-spending Manchester City and Paris St Germain have been given the chance to settle breaches of the Financial Fair Play (FFP) rules that will leave them free to play in next season's Champions League.

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