Arsenal put on UEFA watchlist with Barcelona and PSG for potential FFP breaches
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Arsenal have been placed on the FFP watchlist by UEFA after reporting a loss of £213million over the past three seasons.
UEFA rules only allow €30million (£25million) over a three-year period, but UEFA allow covid-related losses, and 'healthy' spending on women's football and the academy to be written off. The Gunners have spent heavily over the past two seasons.
Last summer, Arsenal were the Premier League's top spenders – parting way with over £150million on Ben White and Aaron Ramsdale among others. This summer has been no different, and Arsenal have purchased Gabriel Jesus, Oleksandr Zinchenko, and Fabio Vieira.
READ MORE: Arsenal have 'two alternative options' if Youri Tielemans transfer doesn't come off
The Daily Mail are reporting 20 clubs across Europe have been identified as potentially breaking FFP rules for the 2021/22 season by UEFA.
However, UEFA are still yet to receive the final accounts from teams – so it remains unclear what sort of punishment Arsenal could receive. Meanwhile, PSG and Barcelona are set to be handed punishments for their accounts up to 2020/21.
The trio of Italian giants Juventus, AC Milan, and Roma are also set to learn their punishments for the same period.
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Arsenal have experienced a great start to the season, and the Gunners are sitting pretty at the top of the table as the only team to still be perfect with three wins out of three.
The Gunners have two home games before the end of the month, as they welcome Fulham and Aston Villa.
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