Man City face £49m Uefa fine over financial rule breach

Manchester City are facing a possible fine of £49m for breaching rules on financial fair play.

The Premiership club may also have to limit their squad for next season's Uefa Champions League to 21 players, rather than the usual 25.

The manager of Manchester City, Manuel Pelligrini. Credit: Lynne Cameron/EMPICS Sport

City will strongly challenge the sanctions handed out by European football's governing body and the club has until the end of the week to come to an agreement with Uefa.

The punishments relate to new rules that limit the amount of money a club can post as a loss each season.