UEFA fine Man City, PSG

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UEFA on Friday fined both Manchester City and Paris Saint-Germain 60 million euros and capped their Champions League squad to 21 for falling foul of financial fair play rules.

Newly-crowned English Premier League champions, Manchester City enjoyed a massive spending spree under billionaire owner Sheikh Mansour bin Zayed al-Nahyan of Abu Dhabi.

French Ligue 1 champions PSG have also benefited from similar investment in top-drawer players after their takeover by Qatar Sports Investments in late 2012.

Both clubs have paid for that with massive fines, 40 million euros of which will be repaid should the clubs fulfil the "operational and financial measures agreed with the UEFA CFCB (Club Financial Control Body)".

UEFA said other clubs to have failed the financial fairplay rules were Turkish trio Buraspor, Galatasaray and Trabzonspor, Russian sides Zenit St Petersburg, Anzhi Makhachkala and Rubin Kazan, and Levski Sofia from Bulgaria.